The Vaudoise Assurances Group posts positive results for 2023

The company Vaudoise Assurances announced its financial results for the year 2023, demonstrating sustained growth despite a difficult geopolitical and economic context. Turnover increased by 3.3% to CHF 1,378.1 million, and consolidated net profit amounted to CHF 132.5 million, up slightly compared to the previous year.

The company also saw its equity increase by 2.8%, reaching CHF 2,339.5 million. Furthermore, Vaudoise Assurances has decided to redistribute a significant portion of its profits to its non-life customers, for a total of CHF 37 million, and has proposed an increase in its dividend to CHF 22.– per B registered share.

Business growth in German-speaking Switzerland is confirmed, with an increase in premiums of 4.7% in 2023. This positive dynamic is also reflected in the non-life insurance and personal insurance segments, despite the challenges posed by the inflation and increased hedging requirements linked to climate change.

Regarding investments, the annual return reached 2.0%, compared to 1.5% in 2022, demonstrating the quality and diversification of the company's asset allocation. La Vaudoise also continues to advance in its digital transformation, with a view to responding more effectively to the expectations of its customers.