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Baloise Holding AG / Key word(s): Rating
S&P confirms strong ratings for Baloise
2024-06-12 / 07:00 CET/CEST
Basel, 12 June 2024. S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. This
renewed confirmation reflects the financial strength of the Baloise Group.
S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. The rating is the first one
using the revised capital model for insurers that S&P has applied since November 2023.
Also under the revised criteria, S&P continues to consider the capital strength of the Baloise Group to be excellent.
In its credit rating report, S&P underlines the Baloise Group's very good market positions, strong technical
performance and continued high level of capitalisation.
The following credit ratings apply for the Baloise Group entities that have been rated by S&P:
. Baloise Insurance Ltd (Switzerland): A+ with a stable outlook
. Baloise Life Ltd (Switzerland): A+ with a stable outlook
. Baloise Belgium NV: A+ with a stable outlook
. Baloise Sachversicherung AG Deutschland: A+ with a stable outlook
. Baloise Holding Ltd: A- with a stable outlook
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 70 53
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.  
End of Media Release  
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:  1922985 

End of News EQS News Service
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1922985 2024-06-12 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1922985&application_name=news

END) Dow Jones Newswires

June 12, 2024 01:00 ET (05:00 GMT)