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Baloise Reports Strong Solvency Ratio, Reinforcing Financial Stability

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Baloise Holding AG ( (CH:BALN) ) has provided an announcement.

Baloise Holding AG has reported a strong solvency ratio of 204% for the financial year 2024, reflecting a robust capital base according to the Swiss Solvency Test. The company’s Swiss insurance units also demonstrated solid solvency ratios, further confirming Baloise’s financial stability. This announcement underscores Baloise’s strong market position and its commitment to maintaining financial health, which is crucial for its stakeholders.

More about Baloise Holding AG

Baloise is a European company headquartered in Basel, Switzerland, with subsidiaries in Belgium, Germany, and Luxembourg. It has been active for over 160 years and employs around 8,000 people. Baloise offers smart financial and insurance solutions, aiming to create a holistic service experience for its customers. In 2024, the company generated a business volume of approximately CHF 8.6 billion. Baloise Holding AG is listed on the SIX Swiss Exchange.

YTD Price Performance: 12.25%

Average Trading Volume: 124,074

Technical Sentiment Signal: Sell

Current Market Cap: CHF8.32B

See more insights into BALN stock on TipRanks’ Stock Analysis page.

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