Basel, 20 November 2024. The first nine months of 2024 in brief:   Refocusing strategy reaches its first milestones   Sale of the FRIDAY portfolio and write-downs resulting from discontinuation of the ecosystem strategy expected to have a total non-recurring negative effect of around CHF 100 million on the profit attributable to shareholders f [ … ]

Basel, 20 November 2024. The first nine months of 2024 in brief:   Refocusing strategy reaches its first milestones   Sale of the FRIDAY portfolio and write-downs resulting from discontinuation of the ecosystem strategy expected to have a total non-recurring negative effect of around CHF 100 million on the profit attributable to shareholders f [ … ]

Basel, 29 October 2024. At the investor update on 12 September, Baloise announced that it would be concentrating on the high-margin areas of its business as a result of the refocusing strategy. With this in mind, and following an extensive review, Baloise is selling its portfolio holdings in digital insurer FRIDAY to Allianz Direct Versicherungs-AG [ … ]

Basel, 12 September 2024. At today’s investor update, Baloise is announcing the start of a refocusing strategy that includes measures related to technical profitability, operational efficiency, growth in target segments and capital productivity. The intention of the refocusing strategy is to build on Baloise’s existing strengths and boost profitabi [ … ]

Basel, 12 September 2024. Half-year financial results in brief     Profit attributable to shareholders for the first half of 2024 improved by 6.9 per cent to CHF 219.8 million (H1 2023: CHF 205.7 million).   The volume of business stood at CHF 5,293.0 million (H1 2023: CHF 5,339.9 million), which was down by 0.9 per cent year on year as a re [ … ]

Basel, 30 April 2024. Baloise has disclosed a healthy solvency ratio of 207 per cent in the Group’s latest financial condition report. Baloise has published its financial condition report, which includes details of its solvency ratio calculated in accordance with the conditions of the Swiss Solvency Test (SST). The relevant date for the calculation [ … ]

Basel, 26 April 2024. At the 61st Annual General Meeting, the shareholders of Baloise Holding Ltd approved the proposal to increase the dividend to CHF 7.70 per share and elected Dr Guido Fürer as a new member of the Board of Directors. Two of the three shareholder proposals achieved a qualified majority; consequently, the registration and voting r [ … ]

Basel, 26 March 2024. “The name Baloise has stood for customer relationships based on trust for more than 160 years. In 2023, we protected more than 10,000 customers from serious financial losses resulting from natural disasters in Switzerland. This weighed heavily on our business performance and led to a spike in large claims. Our job as an insu [ … ]