Bâloise Luxembourg to buy Winterthur Europe Vie

Winterthur/Basel/luxembourg, 22 December 2006. Bâloise Luxembourg, a subsidiary of the Swiss Baloise Group, is set to acquire Winterthur Europe Vie (WEV).

With this acquisition, Bâloise Luxembourg will boost its core competence in the growth field of investment-linked life insurance. The 20-strong staff of WEV will be integrated in Bâloise Luxembourg. The deal is scheduled to be closed in January 2007.
The combined unit will have a business volume of more than EUR 300 million, which puts it in Luxembourg among the 10 largest providers of life insurance solutions under the free movement of services.

Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions. It positions itself as an insurer with an intelligent risk-prevention concept, the "Safety World". In Switzerland, the Group operates as a specialised financial services provider offering a combination of insurance and banking services. The Group also has a market presence in Belgium, Germany, Luxembourg and Liechtenstein. Its distribution network includes its own sales organisation as well as brokers and other partners. Baloise operates its innovative life and pensions business for private customers throughout Europe, with its competence centre in Luxembourg.

Bâloise Holding Ltd shares are quoted in the main segment of the SIX Swiss Exchange. The Baloise Group employs some 8,000 people.
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