Basel, Rating agency Standard & Poor's has confirmed Baloise's strong credit rating of 'A' with a stable outlook. The recent upgrading of the significance of risk management in the rating process from 'low' to 'high' has further strengthened the foundations of the current rating.
Standard & Poor's acknowledged Baloise's very healthy 'AAA' capitalisation, high operational profitability and robust competitive position in its most profitable core markets. Moreover, the agency again rated the company's risk management as 'strong'.
A panel of experts – Chief Risk Officer Stefan Nölker, Head of Investment Strategy Thomas Schöb and Head of Communications & Investor Relations Marc Kaiser – discussed the main changes in the 2016 report from S&P.