Baloise-Holding AG
BALN
ISIN CH0012410517 / Valor 1241051
Baloise-Holding AG
UMushroom community rating:
About company
Baloise-Holding AG, a European company founded in 1863 and headquartered in Basel, Switzerland, is more than just a traditional insurance company. With a focus on providing smart finance and insurance solutions, as well as innovative offerings for home and personal transport, Baloise offers a complete service package to its customers. The company, which currently employs 8,000 people across its subsidiaries in Belgium, Germany, and Luxembourg, also operates a unique combination of an insurance company and bank in Switzerland, providing customers with tailored financial services. Baloise's strategy, launched in 2017 under the banner "Simply Safe," aims to strengthen its core business while offering innovative solutions that go beyond traditional insurance. Additionally, the Asset Management division of Baloise caters to the growing demand for high-quality financial products and portfolio management, further solidifying the company's position as a leading financial services provider in Switzerland.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (01.02.2026):
Baloise-Holding AG — Half‑Year (H1) 2025 results (first half of 2025): the group reported a materially stronger H1 2025 with profit attributable to shareholders of CHF 276 mn (+25.5% yoy), an improved annualised return on equity of 15.5% (+2.5 pp), and a materially better Group combined ratio of 90.6% (-2.6 pp). Capitalisation remained strong (SST ~215% at 30.06.2025) and the “Refocusing Baloise” strategy is reported as fully on track.
Key results
HY 2025 highlights: profit attributable to shareholders CHF 276 mn (+25.5%); Combined Ratio 90.6% (-2.6 %-pts); annualised RoE 15.5% (+2.5 %-pts); Shareholders’ Equity CHF 3,482 mn (-4.1%); CSM CHF 4,935 mn (-1.3%).
Non‑Life
Non‑Life gross written premiums CHF 2,734 mn (+1.9%; +3.1% comparable); EBIT rose to CHF 229 mn (+85.6%), driven by underwriting improvements (loss ratio down to 59.5% and combined ratio improvement). Management cites tariff/product actions and portfolio optimisation as main drivers.
Life
Life gross written premiums CHF 1,928 mn (-10.1%), while investment‑type premiums grew strongly (+41.2% to CHF 574 mn). Life EBIT held near prior level at CHF 143 mn (-1.2%); new business margin 3.9% (-1.8 pp) and CSM at CHF 4,935 mn (‑1.3%). Growth in the semi‑autonomous “Perspectiva” solution continued.
Asset management, banking & other
EBIT for Asset Management & Banking rose to CHF 50 mn (+18.4%). The bank reported volume growth and an increase in third‑party assets, supporting capital productivity and customer cross‑selling.
Capital & rating
Estimated SST ratio ~215% at 30.06.2025 (up vs. 1 Jan 2025) and S&P rating A+ with stable outlook confirmed. Management reiterates the strategic target to deliver >CHF 2 bn cash remittance for 2024–2027 and notes the group remains well capitalised.
Strategy and outlook
Management states “Refocusing Baloise” is fully on track — technical profitability, operational efficiency and targeted growth measures are cited as working. Preparation of the planned merger with Helvetia is proceeding according to plan, per the company presentation.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
11168 M
Market cap (USD)
713,572
Daily traded volume (Shares)
164.6 / 162.8
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
Alexander Priess
Denzel G
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