Swiss Baloise shares rise as non-life insurance growth boosts profits

Helvetia Baloise Holding AG

10/09/2025 08:16

** Shares in Swiss insurer Baloise BALN.S rise about 4% after the company reported higher-than-expected H1 net profit growth

** The boost comes especially from the non-life insurance business, Zuercher Kantonalbank says

** Baloise reports H1 non-life gross premiums reaching CHF 2.73 billion ($3.43 billion)

** Vontobel also points to an attractive combined ratio of 90.6%, adding there are also first signs of improvement in asset management and banking

** Vontobel nevertheless remarks a significant volume decline in life insurance and declining new business margin

** Shares in Helvetia HELN.S, with which Baloise is set to merge this year, gain 3.8%

($1 = 0.7976 Swiss francs)

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))