Proprietary Insurance Asset Management (PAM) uses disciplined asset and liability management to manage the assets of the Swiss Life Group’s own insurance companies.
PAM is the source and backbone of our insurance business. Risk management is the core of our investment philosophy. We have over 160 years of success in this field.
We ensure stable long-term investment returns through capital-efficient investment strategies with 794 employees at our three locations in Zurich, Paris and Munich. This protects the interest rate margin and the solvency of our insurance business. As of 31 December 2020, PAM managed total assets of CHF 178.1 bn from the insurance business.
The majority of our investments are allocated to fixed-income and real estate assets.