This marks the successful completion of the merger between the two long-established insurance groups.

All of the necessary approvals from the relevant supervisory authorities were obtained, allowing today’s completion of the merger of Helvetia Holding Ltd and Baloise Holding Ltd to form Helvetia Baloise Holding Ltd.

“The merger of Helvetia and Baloise is a historic moment and represents the start of our shared story,” says Fabian Rupprecht, CEO of the Helvetia Baloise Group. “In the new structure, Helvetia Baloise is the largest multi-line insurer in Switzerland and has a leading position in Europe. These combined strengths, reliability and stability create the foundations for the sustained added value that we promise to all of our stakeholders.”

“The merger is a commitment to long-term thinking and combined strength. Helvetia Baloise brings together two cultures united by responsibility, trust and innovation. Together, we will help to shape the future of the insurance industry,” says Thomas von Planta, who became Chairman of the Board of Directors upon completion of the merger.