Baloise Announces Robust Solvency Ratio in Latest Financial Report

Basel-based Baloise Holding AG, a significant player in the Swiss insurance market, disclosed a solvency ratio of 207% for its Group in the latest financial condition report. This announcement was made public on April 30, 2024, according to terms of the Swiss Solvency Test (SST). This percentage represents a solid footing in Baloise's financial health, showcasing a strong capital position as of January 1, 2024.

The company's two Swiss subsidiaries, Baloise Life Ltd and Baloise Insurance Ltd, individually reported impressive solvency ratios of 169% and 194% respectively. Overall, these figures underscore the sustained, robust capitalisation level of Baloise, reinforcing its stability and reliability in the financial landscape.

The detailed financial condition report, available in German, covers comprehensive statistics and analyses for stakeholders. Baloise is also set to follow up with dividends, detailed financial results for the first half-year of 2024, and an interim statement for the third quarter, keeping the investors well-informed on key financial dates and updates.