ZURICH May 10 Insurer Swiss Life saw
first-quarter premiums fall 1 percent in local currency to 6.54
billion Swiss francs ($6.50 billion), it said on Wednesday,
slightly behind market expectations.
Five analysts polled by Reuters had on average expected
gross premiums to fall 1.3 percent to 6.595 billion francs.
The Zurich-based life insurance firm said fee income rose 5
percent in local currency and its third-party asset management
unit brought in 2.7 billion francs in net new assets.
($1 = 1.0066 Swiss francs)
(Reporting by Brenna Hughes Neghaiwi; Editing by Michael