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Bâloise

#1942

Rank

$8.27B

Marketcap

CH Switzerland

Country

Bâloise
Leadership team

Mr. Gert De Winter M.Sc. (Group Chief Exec. Officer)

Dr. Carsten Stolz (Head of Corp. Fin. Division & CFO)

Mr. Matthias Henny Dr Phil (Head of Corp. Division Asset Management & Chief Investment Officer)

Products/ Services
Financial Services, Insurance
Headquarters
Basel, Basel-Stadt, Switzerland
Established
1863
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
BALN.SW
Social Media
Overview
Location
Summary
Bâloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses in Switzerland, Germany, Belgium, Luxembourg. It operates through Non-Life, Life, Asset Management & Banking, and Other Activities segments. The company offers various non-life insurance products, including accident, health, general liability, motor, fire and other property, marine, credit protection, and legal expenses insurance. It also provides life insurance products, which include endowment policies, such as conventional and unit-linked life insurance; group life insurance products; term insurance; immediate and deferred annuities; and policy riders, including premium waiver, accidental death, and disability. In addition, the company operates Baloise Bank SoBa, a bank in Switzerland; and offers asset management services. Further, it has interests in equity investment companies, real-estate firms, and financing companies. The company sells its products and services to individuals, small and medium sized enterprises, and industrial clients. Bâloise Holding AG was founded in 1863 and is headquartered in Basel, Switzerland.Bâloise Holding AG operates as a subsidiary of Baloise Group.
History

The Basler Versicherungen was founded in 1863 as Basler Versicherungsgesellschaft gegen Feuerschaden, insuring inhabitants of Basel against damage from fire. This was prompted by the tragic fire incident in Glarus. In the following year, the company already expanded to covering life and transportation, as well as expanding geographically within Switzerland and abroad. At the end of the decade, the insurer added its own reinsurance business to the portfolio.

By the early 20th century, the business was booming and the company even dabbled in the U.S. market. However, they had exited the U.S. again by the time of the 1906 San Francisco earthquake, avoiding any insurance loss created by that natural catastrophe. World War I presented a difficult time to do business, but Baloise was able to continue expanding internationally even during the depression before World War II. During the War, the headquarters were evacuated due to proximity to both the French and German border and 115 tons of files were moved to a secure location protected by the Swiss army near Saanen. After the war, Baloise was able to grow as part of Europe's economic advances and in 1962, the separate parts of the business all became part of holding structure.

The 1970s and 1980s brought new international subsidiaries, such as in Austria, and acquisitions, including Deutscher Ring Leben in Germany, a majority stake in Mercator in Belgium, and the Providence Washington Insurance Company in the U.S. Many of these businesses were later sold, while new ones were acquired.

In 2007, baloisedirect.ch was launched as the company's online insurance provider, offering insurance for vehicles, personal liability insurance, home contents insurance, legal expenses insurance and travel insurance.

Mission
Baloise Group’s mission is to empower people to feel secure with their financial future. As a leading insurance and services provider in Switzerland, Baloise covers the needs of individuals and companies alike, aiming to provide strong and reliable long-term solutions.
Vision
Baloise Group’s strive is to become the key partner for its customers in the achievement of their financial security by delivering the highest quality of integrated services, the strongest protection, and the best customer experience.
Key Team

Dr. Alexander Bockelmann (Head of Corp. Division IT & CTO)

Mr. Michael Muller (Head of Corp. Division Switzerland & CEO of Basler Switzerland)

Mr. Clemens Markstein (Head of Operations & IT - Switzerland)

Pierre Girard (Head of Group Accounting & Reporting)

Mr. Markus Holtz (Head of Investor Relations)

Mr. Peter Kalberer (Head of Group Compliance)

Andreas Burki (Head of Group Legal and Tax)

Recognition and Awards
Baloise Group continually ranks among the most reputable and sought-after employers in its field in Switzerland. Most notably, the company has been ranked first in the Swiss Insurance category as part of the Great Place to Work survey for the past four years running.
References
Bâloise
Leadership team

Mr. Gert De Winter M.Sc. (Group Chief Exec. Officer)

Dr. Carsten Stolz (Head of Corp. Fin. Division & CFO)

Mr. Matthias Henny Dr Phil (Head of Corp. Division Asset Management & Chief Investment Officer)

Products/ Services
Financial Services, Insurance
Headquarters
Basel, Basel-Stadt, Switzerland
Established
1863
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
BALN.SW
Social Media