The Shareholders of Helvetia and Baloise Approve Their Merger to Be the Second Insurance Group in Switzerland

The shareholders of Helvetia Holding and Baloise Holding have approved this Friday at their respective extraordinary general meetings the merger of equals between the two firms to form Helvetia Baloise Holding, Switzerland's second insurance group and one of the top ten listed European insurers.It is expected that the transaction, announced last April, will close in the fourth quarter of 2025, once the usual regulatory and competition approvals …

The two groups intend to form the country's second largest insurer this year.

The merger between the Baloise and Helvetia insurers took a key first step. Meeting on Friday in extraordinary general meetings, the shareholders of the two groups approved the operation by a large majority. The marriage must give birth to the helvetic number two of the branch.

The Swiss insurance companies, Helvetia Holding and Baloise Holding, have approved this Friday on the boards of extraordinary shareholders of both entities their merger, which will be carried out in equal parts. Thus, both will create Helvetia Baloise Holding, which will be the second insurance group of Switzerland and one of the ten main European insurers listed.Both companies anticipate that the transaction, announced last April, will be compl…

As expected, Helvetia and Baloise's Annual General Meetings approved the proposed merger between the two Swiss insurers. The merger, which had been repeatedly speculated on the market in recent years, created an insurance group with 20 billion Swiss francs (just under 21.5 billion euros) in premium volume and 20 percent market share in Switzerland. In the coming years, the companies will offer shareholders a dividend up to 20 percent higher than…

MADRID, 23 (EUROPA PRESS) The shareholders of Helvetia Holding and Baloise Holding have approved this Friday in their respective extraordinary general meetings the merger of equals between the two firms to form Helvetia Baloise Holding, the second insurance group of Switzerland and one of the ten main European insurers listed.The transaction, announced [...] La entrada The shareholders of Helvetia and Baloise approve their merger aparece primero…