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GlobalData on MSNSwiss insurers Helvetia and Baloise plan mergerHelvetia Baloise will be the second-largest insurance group in Switzerland with business volumes of SFr20bn ($24.34bn) upon ...
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GlobalData on MSNSwiss Re appoints Helvetia executive as new chief risk officerBernhard Kaufmann’s career in the reinsurance sector spans 17 years, during which he has worked at NN Group and Munich Re.
Swiss composite insurance groups, Helvetia and Baloise have announced their intention to join forces in a merger of equals, ...
Helvetia Holding AG’s biggest shareholder has bought Cevian’s 9.4% stake in Baloise Holding AG, paving the way for the merger ...
The companies announced a potential cost-cutting synergy of CHF350 million, which Berenberg insurance analyst Michael Huttner ...
The strategy has made billionaires of Cevian’s founders Lars Foerberg, who lives in Switzerland, and Christer Gardell. Their firm also took a stake in UBS Group AG after the government-brokered ...
Baloise's largest investor has sold its stake to Helvetia's top shareholder, days after the Swiss insurers announced a merger to create a group with a combined market value of around 18 billion Swiss ...
S&P Global Ratings has affirmed its 'A+' long-term insurer financial strength and issuer credit ratings on the core operating ...
Swiss insurance companies Helvetia Holding AG and Baloise Holding AG have entered into a merger agreement to create the second largest insurance group in Switzerland. This is reported in a press ...
Baloise on Friday said that Patria Genossenschaft had acquired a 9.45% stake in the Swiss insurer, which this week announced plans to merge with competitor Helvetia.
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