Swiss Life keeps targets, first-quarter fee income rises

ZURICH (Reuters) - Swiss Life maintained its 2021 targets on Tuesday, saying its business model could weather the impact of the new coronavirus epidemic.Its fee income rose 11% in local currency to 453 million Swiss francs ($465.7 million), while premiums fell by a fifth to 7.82 billion francs.It had flagged a drop was coming after a spike a year ago when a competitor withdrew from business in Switzerland."The main effects of the COVID-19 pandemic for Swiss Life arise from the turmoil on the..