February 17th, 2023
Significant increase in the overall rating
PrismaLife AG has once again received an international award for its Sustainability Report 2021. As one of the smallest companies in the group of 12 insurance companies examined, PrismaLife achieved 4th place and a gold medal in the sustainability ranking of the analysis company Zielke Research Consult.
February 3rd, 2023
Changes in the shareholder structure of PrismaLife
PrismaLife strengthens the successful cooperation with Barmenia, which acquires further shares of PrismaLife. After the 25 percent stake in 2021, Barmenia now holds a total of 75 percent. Through intensified collaboration, new opportunities arise for both partners.
December 19th, 2022
Successful year draws to a close
PrismaLife looks back on an eventful 2022: Premiums written are up again, new business is growing and things are moving forward with the internationalisation of PrismaLife AG. And - according to CEO Holger Beitz - the team has the potential to grow even more in 2023.
November 14th, 2022
Retirement savers defy crises and inflation
PrismaLife is recording rising additional payments in its existing pension contracts with fund policies - despite the covid pandemic and inflation. Is this paradoxical or sensible on the part of pension savers? It is just the right thing to do at this time, comments CEO Holger Beitz.
October 27th, 2022
PrismaLife presents itself at the DKM
PrismaLife will be present as an exhibitor at the DKM in Dortmund, the leading trade fair for the finance and insurance industry, from 25 October. Partners and interested parties can find out more about the concepts for sustainable pension provision from Liechtenstein at the trade fair stand. We look forward to your visit in Hall 3, Booth F03.
September 29th, 2022
PrismaLife at the MCC Congress for sustainability
At the MCC Congress on "Sustainability in the Insurance and Financial Industry" on 5 October in Düsseldorf, CEO Holger Beitz will speak about the influence of capital investment on sustainability goals. The topic will be discussed in greater depth in a panel discussion on the perspectives of sustainable capital investment, which will be hosted by Prof. Dr. Florian Elert from the HSBA Hamburg School of Business Administration.
August 29th, 2022
As of September 1st 2022, Alessandro Tulli will strengthen the management of PrismaLife AG as Chief Innovation Officer. Together with Holger Beitz and Volker Schulz, the doctor of law will implement the internationalisation strategy of the Liechtenstein pension specialist.
August 25th, 2022
PrismaLife employees rock at the "Princely Tattoo“
From September 1st to September 3rd, it's going to be loud and colourful: the "Princely Liechtenstein Tattoo" music festival, which now attracts a wide international audience, combines the tradition of Scottish marching music with pop and rock. The team of PrismaLife is rocking along!
August 24th, 2022
Double appearance of PrismaLife at the Finance Forum
At the Finance Forum on September 13th in Vaduz, PrismaLife was in the spotlight twice: CEO Holger Beitz discussed sustainable investments with Mirjam Staub-Bisang, country head of BlackRock, the world's largest asset manager. PrismaLife also hosted the workshop "Retirement provision in times of increasing inflation" with Prof. Dr. Jochen Ruß from the IFA.
August 22nd, 2022
Targets for sustainability exceeded
In the reporting year of 2021, PrismaLife reduced its CO2 emissions by 82 percent to 6.5 tonnes - due to Corona-related travel restrictions and the change in the energy supply contracts. Also the share of sustainable investments held by insurance customers has doubled, but here the pension specialist sees much potential for increase.
July 27th, 2022
Kick-off for the football camp 2022
Managing Director of the PrismaLife AG, Volker Schulz opens the BVB evonic football camp. For 65 children, an exciting week with many interesting training sessions with the coaches of the BVB, lies ahead. The camp lasts for one week and ends with a festive award ceremony and the presentation of medals and certificates, which will be presented by PrismaLife CEO Holger Beitz.
April 11th, 2022
PrismaLife continues its internationalisation course
The Liechtenstein-based pension specialist achieved a net profit of 4.2 million euros in the 2021 financial year. After entering the market in Malta, PrismaLife has now taken over a portfolio of death benefit insurances in Belgium.
February 22nd, 2022
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 %.
November 15th, 2021
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.
October 27th, 2021
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.
September 27th, 2021
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.
August 19th, 2021
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.
August 17th, 2021
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.
July 15th, 2021
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.
April 14th, 2021
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.
April 1st, 2021
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.
March 31st, 2021
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.
March 24th, 2021
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.
March 12th, 2021
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:
January 25th, 2021
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.
January 21th, 2021
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.
November 18th, 2020
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.
October 28th, 2020
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.
October 16th, 2020
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.
September 15th, 2020
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.
September 1st, 2020
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.
August 20th, 2020
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.
August 13th, 2020
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.
August 4th, 2020
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.”
August 3rd, 2020
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”.
July 7th, 2020
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.”
May 12th, 2020
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”.
April 28th, 2020
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.
March 26th, 2020
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.
March 19th, 2020
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.
March 11th, 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.
February 2nd, 2020
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.
December 3rd, 2019
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.
November 22nd, 2019
“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.
October 21st, 2019
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.
October 16th, 2019
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!
October 8th, 2019
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.
September 10th, 2019
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.
August 1st, 2019
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.
July 19th, 2019
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.
July 15th, 2019
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.”
July 10th, 2019
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.