Historic merger: Helvetia and Baloise complete merger

Helvetia Holding Ltd and Baloise Holding Ltd have successfully completed their long-prepared merger. Since December 5, 2025, both insurance groups have been operating under the name Helvetia Baloise Holding AG – and thus form the largest all-lines insurer in Switzerland.

All regulatory approvals have been obtained, meaning that the merger could be completed as planned. “The merger marks a historic moment and the beginning of our shared history,” says CEO Fabian Rupprecht. Helvetia Baloise now occupies a leading position in the European insurance market.

The new Chairman of the Board of Directors, Thomas von Planta, also speaks of a “commitment to long-term thinking and joint strength” and emphasizes the cultural proximity of the two companies.

Capital increase and stock exchange trading

As part of the merger, the Baloise shares were converted at a ratio of 1:1.0119 into a total of 46.4 million new shares in Helvetia Baloise Holding Ltd. From December 8, 2025, these will be traded under the symbol HBAN; the existing Baloise shares will be delisted at the same time.

The capital increase brings the total number of shares to 99.4 million. The merged group plans to be included in the Swiss Leader Index (SLI) on December 22, 2025.

Start of operational integration

With the completion of the merger, the gradual integration of the business divisions will now begin. The plan is to harmonize products, processes and sales channels and to consistently exploit synergies. Customers will continue to be served via the familiar channels during the transition phase.

Changes to the Board of Directors and Group Management

Several members of the Boards of Directors of Helvetia and Baloise are stepping down as part of the merger. At the same time, there will be restructuring in the Group Executive Management: among others, Sandra Hürlimann and Thomas Neusiedler will leave the previous management and take on new responsibilities. Further personnel changes have been announced, including the departure of Carsten Stolz at the end of the year.

Important dates

December 8, 2025

• 07:00: Publication of the listing prospectus with pro forma financial information
• 09:00: Conference call for analysts and investors

April 15, 2026

• Annual financial statements 2025 and Capital Markets Day

May 22, 2026

• Annual General Meeting of Helvetia Baloise Holding AG