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HBAN — Helvetia Baloise Holding AG News Story

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Helvetia Baloise edges up on better-than-expected H1 results

BUZZ-Helvetia Baloise edges up on better-than-expected H1 results

** Swiss insurance group Helvetia Baloise HBANC.S shares are up 3.6%, after the company released results for the first half of the year, with underlying earnings coming ahead of expectations

** Helvetia Baloise's first half underlying results came in at 631.6 million Swiss francs ($766.32 million), ahead of estimates that saw it at 578 million Swiss francs

** The company also said that by the end of June 2026, close to 50% of the ultimate synergies and efficiency CHF 650 million annual run-rate target had already been achieved

** "Management, led by CEO Fabian Rupprecht, is clearly on track with execution, demonstrating the necessary skills to successfully complete the merger," Vontobel notes

** Including today's gain, the shares are up 6.02% year to date - LSEG data.

($1 = 0.8242 Swiss francs)


(Reporting by Tristan Veyet)

((Tristan.veyet@thomsonreuters.com))

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