LA MOBILIÈRE: 2015 annual result

Press Release – Bern, 07 April 2016
2015 annual result – La Mobilière successfully pursues growth course

  • With a consolidated profit of CHF 383.4 million, Swiss Mobiliar achieved an outstanding result for 2015. Non-life business contributed CHF 353.5 million (2014: CHF 398.0 million, excl. special effect from the sale of the company’s stake in Nationale Suisse), and life business added CHF 29.9 million (2014: CHF 41.4 million) to the overall result.
  • La Mobilière Group remained on its steady growth course in 2015. The premium volume registered an increase of 1.3% (on a par with the previous year), advancing to CHF 3,518 billion.
  • Non-life business raised its premium volume by 3.3% to CHF 2,743 billion, thereby once again clearly surpassing the overall market average (in accordance with Swiss Insurance Association premium reporting) of 0.5%. In absolute figures, growth achieved by Swiss Mobiliar totalled more than the market as a whole. The underwriting result advanced from CHF 202.0 million to CHF 290.9 million. Claims incurred were lower than in the year before. The combined ratio improved by 3.2 percentage points to 88.7%.

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