Baloise Group reports an SST ratio of 242 per cent

Media releases

Basel, April 30, 2019. With the publication of its financial condition report, the Baloise Group is disclosing its solvency ratio calculated in accordance with the conditions of the Swiss Solvency Test (SST). Reporting an excellent solvency ratio of 242 per cent, Baloise is one of the best-capitalised insurance companies in Europe.

All Swiss insurance companies are publishing a financial condition report (FCR) by the end of April 2019. The report focuses on the 2018 financial year (reporting period). The relevant date for the calculation of solvency for the purpose of the SST was 1 January 2019. The solvency ratio as at 1 January 2019 was 242 per cent (1 January 2018: 262 per cent). This change was largely due to application of the new standard model.

Baloise thus continues to have an extremely sound level of capitalisation – as it has for many years – and remains one of the best-capitalised insurance companies in Europe.

The full financial condition report for Baloise (in German) can be downloaded as a PDF using the link below. The ‘at a glance’ document (PDF, 331 KB) is a one-page summary of the most important results.

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Further information

Financial Condition Report

Further information

Financial Condition Report

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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.