Helvetia and Baloise Shareholders Approve Strategic Merger

Shareholders of Helvetia Holding AG and Baloise Holding Ltd have approved the merger to form Helvetia Baloise Holding Ltd. This union will position the new entity as the second-largest insurance group in Switzerland and among the top 10 European insurers by market capitalization, with a business volume of CHF 20 billion.

Thomas von Planta has been elected as the future Chairman. The merger is expected to close in Q4 2025, pending regulatory approvals. Helvetia Baloise will have its headquarters in Basel, with an important presence in St. Gallen.

This move is driven by strategic complementarity and synergy potential, aiming for sustainable value creation. The merger builds on the companies’ 160-year legacy, leveraging their aligned cultures to ensure a seamless integration.