Helvetia and Baloise plan to merge to create Switzerland's second-largest insurance group with a combined business volume of 20 billion Swiss francs ($24.69 billion), the pair said on Tuesday.

The Swiss foreign ministry is taking over the management of the Palazzo Trevisan in Venice, which until now had been overseen ...

The merger of Helvetia and Baloise reshuffles the cards in the Swiss insurance market. Thomas von Planta and Fabian Rupprecht ...

In 2024, Zurich generated approximately 60% of its adjusted operating profit of $7.7 billion in the U.S. Reinsurer Swiss Re achieved 40% of its insurance revenue overseas last year. Among European ...

Swiss composite insurance groups Helvetia and Baloise have revealed plans to merge, with the move aimed at “expanding the companies' capabilities and enlarging their individual distribution ...

The new company will be called Helvetia Baloise Holding Ltd, as the two companies announced on Tuesday. With a combined market share of 20%, this will create the second-largest Swiss insurance ...

Helvetia and Baloise said they are joining forces to create Switzerland’s second-largest insurer, with a combined market value of 18.1 billion Swiss francs ($22.38 billion), in the latest of a ...

ZURICH (Reuters) -Helvetia and Baloise plan to merge to create Switzerland's second-largest insurance group with a combined business volume of 20 billion Swiss francs ($24.69 billion), the pair ...

The deal values Baloise at about 8.4 billion Swiss francs ($10.4 billion) based on the firms’ latest closing prices, while Helvetia had a market capitalization of 9.6 billion francs as of last week.

Baloise shareholders will receive 1.0119 Helvetia shares for each of their shares. The new group will be listed on the SIX Swiss Exchange under the ticker symbol “HBAN.” Subject to ...

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 ...