Vaudoise Assurances posts positive results for the first half of 2024

Lausanne, 27 August 2024 – Vaudoise Assurances has announced a net profit of CHF 81.2 million for the first half of 2024, an increase of 15.9% compared to the previous year. Revenue increased by 8.1% to CHF 1,053.1 million. Non-life insurance grew by 5.3% with premiums growing significantly in German-speaking Switzerland.

During this period, individual life insurance premiums increased by 46.4%, largely due to the marketing of the TrendValor product. Prevanto, acquired in April 2024, is now included in the half-yearly accounts.

Investment results remained strong with a return of 1.9%, supported by a strategic allocation mainly focused on fixed income, real estate and variable income securities.

The group's equity reached CHF 2.5 billion, up 5.5% since the end of 2023, thus strengthening the company's financial solidity.