Baloise publishes financial condition report and discloses a healthy
solvency ratio
Baloise Holding AG / Key word(s): Miscellaneous
Baloise publishes financial condition report and discloses a healthy
solvency ratio
30-Apr-2024 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR (SIX) and pursuant
to Art. 16 KR (BX)
The issuer is solely responsible for the content of this announcement.
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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 of solvency
was 1 January 2024. The Baloise Group's solvency ratio for the 2023
reporting period was a healthy 207 per cent. The two Swiss insurance
companies Baloise Life Ltd and Baloise Insurance Ltd achieved very good
ratios of 169% per cent and 194 per cent respectively. Baloise's high
solvency ratio once again underlines its strong and sustained level of
capitalisation.
The full financial condition report for Baloise (in German) can be
downloaded as a PDF using the link below. The 'At a glance' document is a
one-page summary of the most important results.
* Financial condition report
Important dates
* Tuesday, 30 April 2024: Ex-dividend date
* Friday, 3 May 2024: Dividend payment date
* Thursday, 12 September 2024: 2024 half-year financial results and
investor update
* Thursday, 20 November 2024: Q3 2024 interim statement
Further information
* Media information at www.baloise.com
* Click here to download the financial condition report
* Financial calendar
Contact
Baloise, Aeschengraben 21, CH-4002 Basel
Website: www.baloise.com
E-Mail: media.relations@baloise.com / investor.relations@baloise.com
Media Relations: Tel: +41 58 285 82 14
Investor Relations: Tel: +41 58 285 81 81
About Baloise
The focus is firmly on the future at Baloise. We aim to make tomorrow more
straightforward, safer and more carefree for our customers, and we are
taking responsibility for this today. Baloise is more than just a
traditional insurance company. Through our smart finance and insurance
solutions, we offer a complete service package. Dependable support, reliable
cooperation and trust-based relationships are key aspects of our stakeholder
interaction. We take care of financial matters so that our customers can
concentrate on the important things in their lives and can find inspiration
in the everyday. Baloise, a European company founded more than 160 years
ago, currently employs 8,000 people at its headquarters in Basel
(Switzerland) and across its subsidiaries in Belgium, Germany and
Luxembourg. Our services generated a business volume of around CHF 8.6
billion in 2023. Baloise Holding Ltd shares (BALN) are listed on the SIX
Swiss Exchange.
News Source: Baloise Holding AG
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End of Inside Information
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Language: English
Company: Baloise Holding AG
Aeschengraben 21
4002 Basel
Switzerland
Phone: +41 61 285 85 85
Fax: +41 61 285 70 70
E-mail: media.relations@baloise.com
Internet: https://www.baloise.com
ISIN: CH0012410517
Listed: BX Berne eXchange; SIX Swiss Exchange
EQS News ID: 1892327
End of Announcement EQS News Service
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1892327 30-Apr-2024 CET/CEST