News

PrismaLife remains on growth track

According to preliminary figures, PrismaLife AG once again achieved revenue growth in the 2021 financial year and significantly increased its net income for the year. Gross premium income rose by 1.8 %.

PrismaLife wins gold with ESG report

The Zielke Institute awards PrismaLife gold for its sustainability report. Among 50 insurers, PrismaLife was the only one to achieve full marks in the presentation of its Co2 footprint.

PrismaLife at the fair DKM

PrismaLife, the provision and insurance specialist from Liechtenstein is once again physically represented at this year’s DKM (hall 3-H12). The trade fair offers exciting lectures, panel discussions and opportunities for networking. PrismaLife introduces its sustainable provision products to customers and business partners.

The potential of Liechtenstein

The location of Liechtenstein with it`s huge financial center on international context offers many advantages. High economical stability, the currency of the Swiss Franc and a prenounced cross-border-competence. This is why cooperations of foreign providers with local insuranceproviders can often be an internationl springboard.

Semiannual report 2021

PrismaLife posted a positive business result for the half-year term of 2021. With the result of about 3 million euro the insurance specialist from Liechtenstein reaches a good outcome. The growth of new business of around 5 percent is also part of this result.

PrismaLife is sponsor of the „Sportkasten“

On August 13th the opening of the new outdoor-trainingtower for young and old took place in Triesenberg. This innovative recreation offer is free of charge and is meant for everyone to keep fit. Using different modular accessories, various exercises can be constructed to support different training levels. The Sportkasten is part ot the ProBono project by the institute for architecture and spatial development of the University of Liechtenstein.

Sustainability report 2020

PrismaLife AG has presented its second sustainability report for the year 2020. The results show that the company was able to save more than 30% of its CO2 emissions in 2020, compared to the previous year. The keys to success were CO2 reductions in operations and, above all, a consistently sustainable orientation of the capital investment.

PrismaLife publishes annual report 2020

Positive business balance despite corona pandemic. PrismaLife was able to increase ist gross pemiums written by 1.4 percent to 134.4 Mio. Euro. Many customers took advantage of free of charge additional payments for existing contracts, so that single premiums rose by 90.8 percent to 13.4 Mio. Euro.

InsureTech-Fonds «VENPACE»

PrismaLife becomes involved in InsureTech-Fonds «VENPACE» Being part of an investors` collective PrismaLife supports young start up companies during their first phase of finding ideas with Pre-Seed- and Seed-Investments. Focused are consulting- and customer processes as well as sustainable innovations.

Range of sustainability products extended

PrismaLife has extended its range of sustainable funds: existing customers can now choose from a variety of 52 ESG-conform funds. With this PrismaLife ranks among the top players on the market when it comes to comprehensive sustainable products.

PrismaLife supports initiative Lernbar

PrismaLife and the Swiss Lions Club support the non-profit organisation Lernbar with CHF 3500. Lernbar accompanies and supports children with special needs. For this purpose, it offers an extracurricular place of learning with an individualised learning spectrum, in order to give especially disadvantaged children a perspective.

PrismaLife CEO at podcast of „Talk2“

In the podcast „Talk2“, Holger Beitz, CEO of PrismaLife and Oliver Bentz, junior analyst at Assekurata, discuss the importance of sustainability and uniform standards as well as the implementation of regulatory developments. Holger Beitz explains, why especially for life insurances it is most important to act in long-term alignment. PrismaLife is Liechtenstein`s specialist for unit-linked pension products.
Visit the podcast here:

Many customers took advantage of free additional payments

According to preliminary figures, PrismaLife AG bucked the market trend and achieved premium growth of 1.4 per cent to €134.4 million in the 2020 financial year. Many customers took advantage of the option of free additional payments. The range of sustainable investment options was significantly expanded.

Cooperation between PrismaLife and Barmenia confirmed

PrismaLife AG and Barmenia Insurance Group have successfully implemented the previously announced investment. As a result, Barmenia now holds 25.1 percent of the shares in the Liechtenstein life insurer, which will in future act as a centre of competence for international offerings of unit-linked life insurance.

PrismaLife is committed to Swiss Climate – Sustainable Business

By purchasing CO2 certificates from Swiss Climate, we support climate protection and sustainable management in the Swiss forests. In this way, we offset our few, unavoidable emissions. Indeed, we already have aligned our capital investment with sustainability two years ago. Additionally, we are constantly expanding our range of ESG-compliant funds. We are very pleased to set another important milestone in climate neutrality and sustainability with our commitment to Swiss Climate.

Packages for “Weihnachten im Schuhkarton” on their way

This year again many employees of PrismaLife participated in the biggest world wide gift campaign “Operation Christmas Child”. The huge participation and the money donation of the managing directors shows the vivid spirit of PrismaLife. In addition we are very optimistic that the motto of the annual campaign “Now more than ever” will come to fruition and even more children than ever will have a moment of joy for christmas. Let`s all be pleased by shining children´s eyes.

Responsibility for Sustainability

The relevance of sustainability and climate protection in the public debate, but also in the perception of consumers, is increasing – and with it the demand for sensible solutions. Surveys show that people expect support and responsible action from companies.

New Cooperation between Barmenia and PrismaLife

The Barmenia Insurance Group is now cooperating with PrismaLife AG and has obtained 25.1 percent of the shares in the Liechtenstein life insurer. PrismaLife thus becomes the competence centre for international offers of unit-linked life insurance. Together, the partners are expanding the business and opening up further markets in Europe.

Market commentary: Education on sustainable investments is needed

In times of the public health crisis, the awareness of sustainability is increasing. A good opportunity to place sustainable investment management. A current study from Germany however, shows that only every 7th citizen of Germany can explain what “sustainable capital- or money investment” is. This is a clear sign for the entire finance sector: we urgently have to contribute clarification to private individuals when it comes to sustainable investments.

PrismaLife to be Climate Neutral by 2020

PrismaLife has presented for the first time a sustainability report for the year 2019. The report documents the corporate strategy and shows how to live sustainability within the company. One core result is that carbon dioxide emissions will be significantly reduced from the operative business. Measuring 51 tonnes in 2019 the goal is to reduce drastically the next years. The remaining part will be compensated through other projects from 2020 so we will work climate neutral form that year on.

Economy and Climate Objectives in Harmony

PrismaLife AG has consistently geared its corporate strategy towards sustainability. But to what extent do sustainable investments contribute to climate protection and how should the economy and ecology come together? This will be discussed by the Potsdam climate researcher Professor Anders Levermann and PrismaLife CEO Holger Beitz at the Finance Forum Liechtenstein on September 1st, 2020. In advance, the insurance leader Mr. Beitz engaged in talks with the scientist Mr. Levermann.

Market Commentary: The “Positive Vicious Circle”

In the Handelsblatt, the German ex-foreign minister and Vice-Chancellor Joschka Fischer predicts that the Corona crisis year 2020 will mark the beginning of a major wave of transformation. In fact, the pandemic makes us realise that we must change our behaviour and that sustainability is an active pillar of our corporate strategy. To find out how this is becoming a “positive vicious circle”, read the market commentary by PrismaLife CEO Holger Beitz.

PrismaLife Achieves Premium Growth Despite the Coronacrisis

PrismaLife increased its premium volume by 3.3 percent to a total of 68.5 million euro in the first half of 2020. With this the company reaches an annual surplus of 0.3 million euro. The increase in premiums is mainly due to additional payments and increases in existing contracts. “We are very pleased that our existing customers in particular have increased their premiums,” said PrismaLife Chief Executive Officer Mr. Holger Beitz. “This demonstrates that they also place their trust in us during the times of Corona.”

PrismaLife supports football holiday camp with Borussia Dortmund in Ruggell

On sunny temperatures and best conditions seven soccer coaches from Borussia Dortmund instructed more than 60 kids during the summer camp in Ruggell. PrismaLife as the leading life insurance company in Liechtenstein sponsors this event for the second time. “Regional engagement is an important part of our sustainability concept”, Holger Beitz, CEO of the PrismaLife says. “It is great to see, that due to the well managed hygene concept, so many kids had the chance to participate in this popular football camp. Even more in times of a pandemic”.

PrismaLife Expands its Range by Eight CHF Funds

PrismaLife AG has expanded the range of funds available to its customers by a further eight Swiss franc investments. The selection includes four managed equity funds and four mixed funds, which have been given above-average ratings by the ratings firm Morningstar. In addition, two of the eight funds offer PrismaLife customers the opportunity for low-carbon investments, which are sustainable products. They are marked with the seal “Low Carbon Designation” by Morningstar. CEO Holger Beitz: “In times of uncertainty we offer our customers an increase of security with these CHF-funds. The very stable currency and the advantages of the location Liechtenstein with its triple-A rating is a great foundation for a longterm return-oriented and sustainable provision.”

PrismaLife Further Expands its Range of Sustainable Funds

PrismaLife has expanded its range of sustainable funds for its customers by a further 18 funds. The range includes seven managed equity funds and three bond containing funds. In addition, there are seven exchange traded funds and one microfinance fund. All have been given above-average sustainability ratings by Morningstar. Clients of the Liechtenstein insurer can now choose from 29 renowned sustainability funds to expand their assets while also considering ecological and social aspects as well as responsible corporate governance.

Holger Beitz, CEO of PrismaLife: “More and more people want to manage their investments responsibly. Consistently considering the aspects of sustainability of our fund range we offer our customers the chance to invest return-oriented and sustainable. Sustainability pays off, for our customers and for us, we are convinced of that”.

PrismaLife Increases Net Income to More than 6 Million Euros

PrismaLife achieved a net profit of more than 6 million euros in the 2019 financial year, an increase of 13 percent over the previous year. At 133 million euros, premiums written were almost on par with the previous year, which was a total of 138 million euros. Holger Beitz, CEO of PrismaLife: “2019 was another successfull year for us. We significantly exceeded the planned surplus and also laid the foundations for further sustainable growth in new business”. When it comes to new business for the net tariff specialist a share of 70 percent still signs contracts without acquisition costs.

PrismaLife AG: “Pension provision must be flexible in times of crisis”

PrismaLife offers its customers and intermediaries full service and flexible possibilities even during the crisis caused by the coronavirus. In doing so, the long-term perspective of the pension provision should continue to be maintained.

PrismaLife Undergoes Change in Management

Dr. Marco Metzler (48), Chief Financial Officer of PrismaLife, will leave the management of the Liechtenstein life insurer at the end of April 2020.

Market commentary Stock Exchange March 2020

The double strike of coronavirus and the oil price dispute has once again led to massive
losses on the stock markets after the significant price declines of recent weeks.
Unfortunately, fear is spreading just as quickly as the virus.

PrismaLife increases annual surplus again

Preliminarily PrismaLife achieved an increase of the annual surplus of more than 6 million euro in 2019. “Our earning power has increased magnificently”, Holger Beitz, CEO of PrismaLife, says. “In addition new business is growing again and we managed to keep the high ratio of net tariffs especially with private investors at the same level”.
PrismaLife is a specialist in sustainable wealth accumulation with unit-linked insurances. In 2019 about 70 percent of new business was done in net tariffs, meaning tarifs without calculated acquisition costs.At the beginning of 2019, the Liechtenstein insurance company newly created its capital investment on aspects of sustainability. From the variety of funds customers can now choose 11 funds that are explicitly sustainable.

Family-friendly company

A survey conducted by Great Place to Work, an internationally renowned data analytics company, yielded impressive results for the Liechtenstein insurer in the categories pertaining to work-life balance. After the publication of these statistics, a highranking elected government official, Mauro Pedrazzini, took note of the extraordinary high score received by Prismalife.

“Prisma Moments” convinces with outstanding medical performance

From a medical point of view, “Prisma Moments” offers a more than average performance and ranks among the best dread-disease insurances. This is the result of this years product comparison by Medi-Kost in cooperation with a network of doctors.When it comes to severe diseases like cancer or heart attack as well as the loss of extremities “Prisma Moments” offers according to Medi-Kost outstanding performances for the insured individuals. Also when it comes to strokes or accidents the insured individuals receive over average services. Already in 2018 the German finance institution awarded “Prisma Moments” with the grade “outstanding” to be the best dread-disease policy.

Grade “good” in the ranking of Handelsblatt for fund range

In times of negative interesst rates, unit-linked annuity insurances offer solid returns, provided the funds are good. For the “Handelsblatt” the rating agency “Assekurata” examined altogether 82 funds of PrismaLife and awarded them with grade “good”. PrismaLife as a newcomer managed to convince with the quality of offered funds and achieved 57 of the max. of 65 possibly given rating points.

Packages for “Weihnachten im Schuhkarton”

For employees of PrismaLife christmas has already come. For the worldwide biggest non-profit organisation “Operation Christmas Child” initiated by the international christian aid organisation “Samaritan´s Purse”, we filled and wrapped gift packages. Since the beginning of this charity action named “Weihnachten im Schuhkarton” in 1993 more than 157 millionen needy children at the age of 2 to 14 years were given a special treat. Now the packages are on their way and the donation is transferred. We are happy to see children`s eyes shining at Christmas!

Interest rate for investment strategy “Sondervermögen Taggeld” increased

PrismaLife now allows its customers to participate in its successful business development. Clients of the Liechtenstein insurer with unit-linked life
insurance who have chosen the strategy of “Sondervermögen Taggeld” receive an interest rate of 0.25 percent since the 1st of October 2019. Before this time, the interest rate was 0.0 percent. “At times of negative interest rates we offer our customers an attractive alternative for safety-oriented investors with the increased interest rate”, Holger Beitz, CEO of PrismaLife says.

PrismaLife generates strong half-year result

In the first half-year term PrismaLife generated a surplus of more than 5.7 million euro. The insurer thus achieved a result more than twice as high as in the same period of the previous year (2.5 million euros) and a higher result than in 2018 as a whole (5.3 million euros). This was caused by a strict reduction of spendings as well as an improved investment result. The earned premiums (62.4 million euro) were slightly under those compared to 2018 (65.1 million euro). New business increased by 32 percent.

Volker Schulz becomes new Chief Operating Officer

As of August 1st, 2019, PrismaLife will expand its management team. As Chief Operating Officer, Volker Schulz is set to strengthen the leadership of the Liechtenstein life insurer. Mr. Schulz has already been working as Responsible Actuary for the Liechtenstein insurer since January of 2018.

1000 professional tricks learned

The one week lasting football academy with professional coaches of Borussia Dortmund was a very special event for all participating teams.

Enthusiastcally the 42 boys and girls received their medals and gratifications that Holger Beitz, CEO of PrismaLife, as sponsor of the event handed out to them. “It is obvious that the kids from all over Liechtenstein had a great time”, Beitz comments.

PrismaLife sponsors BVB-football academy in Ruggell

FC Ruggell will host the BVB Evonik football academy from 15th to 19th July. Children between 6 and 13 years will learn all the tricks from the coaches of the BVB football academy.

PrismaLife sponsers this event. “Not only is our company located in Ruggell but we also feel associated with the people and the country, even more with a clear vision of shaping our lives and our community in a sustainable way” says Holger Beitz, CEO of the PrismaLife. “Therefore it s our strong concern to help kids getting the chance to participate in this great event.”

Top Marks from Brokers and Intermediaries

PrismaLife AG achieved top marks in the latest VEMA quality survey. The product quality of PrismaLife’s disability insurance was particularly impressive. With the best score of 1.42 (1 = very good, 6 = bad), the specialist for net rate insurance products managed to take top place amongst the ten most renown insurance companies.