Swiss insurers Helvetia and Baloise announce merger completion

The merger betwixt Swiss security companies Helvetia and Baloise has been completed arsenic planned, resulting successful the enactment of Helvetia Baloise Holding.

The determination follows the announcement of the merger program successful April 2025 and the receipt of each required approvals from supervisory authorities.

With the merger finalised, Baloise’s registered shares were exchanged astatine a ratio of 1:1.0119 for 46,392,407 recently issued registered shares successful Helvetia Baloise Holding.

These caller shares are scheduled to statesman trading connected 8 December 2025. The past trading time for erstwhile Baloise shares was 5 December 2025, and delisting volition hap contiguous (8 December).

Following the superior increase, Helvetia Baloise’s full fig of shares has risen to 99,418,092.

The company’s shares are expected to beryllium included successful the Swiss Leader Index (SLI), starting connected 22 December 2025.

The operational integration signifier volition present begin, focusing connected combining concern activities, harmonising interior processes and achieving synergies.

During the transition, customers volition proceed to usage existent channels. In markets wherever the companies operate, products and services volition beryllium gradually unified, with the purpose of strengthening the concern by leveraging combined lawsuit relationships and expertise.

Helvetia Baloise Group CEO Fabian Rupprecht said: “The merger of Helvetia and Baloise is simply a historical infinitesimal and represents the commencement of our shared story. In the caller structure, Helvetia Baloise is the largest multi-line insurer successful Switzerland and has a starring presumption successful Europe.

“These combined strengths, reliability and stableness make the foundations for the sustained added worth that we committedness to each of our stakeholders.”

Several changes person taken spot wrong the Board of Directors and management.

Hans Künzle and Regula Wallimann person departed the Helvetia Board. Maya Bundt, Karin Lenzlinger Diedenhofen and André Helfenstein, antecedently connected the Baloise board, person besides left.

At the radical absorption level, Sandra Hürlimann, the caller main exertion serviceman successful Switzerland, and Thomas Neusiedler, the CEO successful Austria, person stepped down from enforcement absorption and volition presume caller positions wrong the company.

Annelis Lüscher Hämmerli is acceptable to depart from Helvetia Baloise astatine the extremity of April, pursuing her information for predetermination arsenic chairwoman of Berner Kantonalbank.

Clemens Markstein, formerly a Baloise Corporate Executive Committee member, volition presume a caller presumption astatine Helvetia Baloise.

Carsten Stolz volition exit the institution astatine the extremity of 2025.

"Swiss insurers Helvetia and Baloise denote merger completion" was primitively created and published by Life Insurance International, a GlobalData owned brand.