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 7,900 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, 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.
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.