S&P confirms Helvetia Baloise rating at A+ with stable outlook
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Helvetia Baloise Holding AG
/ Key word(s): Rating
S&P Global Ratings (S&P) has confirmed the Financial Strength Rating of A+ and the Issuer Credit Ratings of A+ for Helvetia Baloise. The outlook remains stable. The rating confirmation reflects S&P's assessment of the Group's strong market position, excellent capitalisation and resilient operating performance as key factors supporting the rating. Helvetia Baloise benefits from a strong market position in Switzerland and established operations across Austria, Belgium, France, Germany, Italy, Luxembourg and Spain, complemented by international specialty insurance activities, banking operations and asset management capabilities. S&P highlights the benefits of the merger, including increased scale, a strengthened market position and broader geographic diversification across Europe. In addition, S&P expects merger-related synergies to further support the Group's long-term performance and efficiency. The stable outlook reflects S&P's view that the combined group will maintain excellent capitalisation supported by a pro forma SST ratio of around 260%[1] at the end of 2025, while operating earnings and the combined ratio are expected to remain broadly in line with 2025 levels throughout the integration process. Ratings of the assessed Helvetia Baloise entities
[1] The pro forma combined SST figure shown represents an internal, indicative estimate, provided for capital markets purposes only, and does not constitute a regulatory-relevant SST figure.
About Helvetia Baloise Disclaimer This document may contain forecasts or other forward-looking statements relating to the Helvetia Baloise Group that, by their nature, involve general and specific risks and uncertainties, and there is a danger that the forecasts, predictions, plans and other explicit or implied content of forward-looking statements may turn out to be incorrect. We would point out that a number of important factors may contribute to the actual outcomes varying greatly from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include: (1) changes to the general economic situation, particularly in the markets in which we operate, (2) developments in the financial markets, (3) interest-rate changes, (4) exchange-rate fluctuations, (5) changes to laws and regulations, including accounting principles and financial reporting practices, (6) risks associated with the implementation of our business strategies, (7) the frequency, scope and general level of claims, (8) mortality and morbidity rates, (9) policy renewal and lapse rates and (10) the extent to which economies of scale and scope can be realised. In this context, we would point out that the above list of important factors is not exhaustive. When assessing forward-looking statements, you should therefore examine the named factors and other uncertainties carefully. All forward-looking statements are based on information available to the Helvetia Baloise Group on the date of their publication. The Helvetia Baloise Group is only obliged to update such statements when required to do so by applicable law.
End of Media Release |
| Language: | English |
| Company: | Helvetia Baloise Holding AG |
| Aeschengraben 21 | |
| 4001 Basel | |
| Switzerland | |
| Internet: | www.helvetia-baloise.com |
| ISIN: | CH0466642201 |
| Valor: | 46664220 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2376656 |
| End of News | EQS News Service |
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2376656 04.08.2026 CET/CEST
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