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Helvetia Earns 321 Million in the First Semester, 5.5% More, and Continues to Meet Its Financial Objectives
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Helvetia from Switzerland reported good figures for its expected final half-year result prior to the merger with Baloise. The Group's overall result increased by 24 percent to CHF 320.1 million (EUR 341.8 million) compared to the same period of the previous year, and the damage and cost ratio also improved. The Company is on a good track to close the merger with the competitor this year. https://versicherungsmonitor.de/?p=333572 Global reinsuran…
The Helvetia Group achieved a net profit of 320.1 million Swiss francs (341.4 million euros) in the first semester, following international financial reporting standards (NIIF), which is 24% more than in the same period of the previous year, as reported this Wednesday in a statement.
In the first half of 2025 Helvetia obtained an underlying profit of SwF 300.8 million (EUR 321.1 million), 5.5% more than the same period of the previous year. “Our solid performance in the first half of 2025 shows that we are on the right track towards achieving our financial objectives. Our diversification allows us to be well prepared, even in the face of unforeseen events.
Insurers Helvetia clearly gained more profit in the first semester.
The insurance group significantly increased its profit in the first half of the year. Non-life business remains the most important growth tremor. The result was also increased in the non-insurance business.
For Helvetia, growth drivers were the non-life business and the non-insurance business.
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