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Basel, June 12, 2024. S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. This renewed confirmation reflects the financial strength of the Baloise Group.

S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. The rating is the first one using the revised capital model for insurers that S&P has applied since November 2023.

Also under the revised criteria, S&P continues to consider the capital strength of the Baloise Group to be excellent. In its credit rating report, S&P underlines the Baloise Group's very good market positions, strong technical performance and continued high level of capitalisation.
The following credit ratings apply for the Baloise Group entities that have been rated by S&P:
  • Baloise Insurance Ltd (Switzerland): A+ with a stable outlook  
  • Baloise Life Ltd (Switzerland): A+ with a stable outlook  
  • Baloise Belgium NV: A+ with a stable outlook  
  • Baloise Sachversicherung AG Deutschland: A+ with a stable outlook  
  • Baloise Holding Ltd: A- with a stable outlook
Further information Baloise's ratings
Further information Baloise's ratings
About Helvetia Baloise Helvetia Baloise is Switzerland’s largest multi-line insurer and one of Europe’s leading insurance groups. Every day, more than 22,000 employees work hard to support around 13 million customers with insurance, pension, and financial solutions. These customers range from individuals and small to medium-sized enterprises (SMEs) through to international customer groups, which also benefit from areas such as specialty insurance and reinsurance. Headquartered in Basel, Switzerland, Helvetia Baloise operates in eight European markets and in global specialty markets, combining its strong Swiss roots with a clear international focus. Helvetia Baloise creates safety and security and opens up opportunities, both today and in the future. Through profitable growth and business operations that are geared to long-term stability, we create tailored solutions for our customers, provide an attractive and reliable investment for our shareholders, promote strong partnerships and offer rewarding career prospects for our employees. Helvetia Baloise Holding Ltd shares (HBAN) are listed on the SIX Swiss Exchange.
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