Helvetia's Annual General Meeting Endorses Board's Proposals

The Annual General Meeting of Helvetia Holding Ltd saw all board proposals approved by shareholders. Dr. Thomas Schmuckli was re-elected as Chair, and other board members were also reaffirmed. Dr. Andreas von Planta stepped down due to age considerations. Held in St.Gallen, the meeting hosted 2,410 shareholders, representing 65.73% of the share capital.

Group CEO Fabian Rupprecht highlighted Helvetia’s 2024 financial achievements, noting a 3.1% increase in business volume to CHF 11,552.7 million. Underlying earnings rose by 41.9% to CHF 528.5 million, driven by growth in profitable, capital-efficient sectors.

The meeting also approved a dividend increase of 40 centimes per share, prompted by the company’s strong performance and stable capitalisation. Plans for a merger with Baloise were introduced, promising synergy in operational efficiency and customer focus.