Baloise’s rating upgraded

Basel, Standard & Poor’s has increased Baloise Insurance Ltd’s rating to “A” with a stable outlook. In particular, Standard & Poor’s recognises the very strong capitalisation, high level of profitability and strong competitive position in the core markets. The current report is available at www.baloise.com/rating.

Standard & Poor’s describes Baloise’s very strong capitalisation, strong competitive position in the core markets and diversified earnings power as its key strengths. In addition, the rating agency has also rated the enterprise risk management as strong. Customers, business partners and investors have thus been given independent confirmation that Baloise is a reliable and high-performing partner, which fully reflects its brand promise “Making you safer”.

Standard & Poor’s, one of the world’s leading rating agencies, assesses the creditworthiness of a company based on quantitative and qualitative criteria.

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,400 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel 'simply safe'. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.