Brief: Helvetia To Pay Out More Than CHF 1.65 Bln In Dividends For FY 2021 To 2025

Helvetia Baloise Holding AG

22/11/2023 06:04

Nov 22 (Reuters) - HELVETIA HOLDING AG  HELN.S :
    * HELVETIA EXPECTS EXCEPTIONALLY HIGH CLAIMS EXPENSES FROM
SEVERE
WEATHER AND MAJOR EVENTS IN THE THIRD QUARTER OF 2023
    * HELVETIA ESTIMATES NET CLAIMS BURDEN FROM NATURAL
CATASTROPHES
AND MAJOR LOSS EVENTS IN Q3 OF 2023 AT AROUND CHF 200 MILLION
    * STICKING TO ITS PROVEN DIVIDEND POLICY AND CONFIRMS ITS
AMBITION
TO PAY OUT MORE THAN CHF1.65 BILLION IN DIVIDENDS FOR FINANCIAL
YEARS 2021 TO 2025.
    * GROUP'S CAPITALISATION REMAINS STRONG, WITH AN ESTIMATED
SST
RATIO OF AROUND 300 PERCENT AT END OF SEPTEMBER 2023

Source text for Eikon:  ID:nEQ1SzS6Ra 
Further company coverage:  HELN.S 

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