S&P once again confirms strong ratings for Baloise

Basel, 24 June 2025. S&P Global Ratings (S&P) confirms the Baloise Group’s rating of A+ with a stable outlook.

S&P Global Ratings (S&P) has reaffirmed the Baloise Group’s rating of A+ with a stable outlook. The rating agency has thus once again recognised the solid financial foundations of the Company.

S&P continues to place the Baloise Group in the highest rating class in terms of its capitalization. In its latest report, S&P also emphasises the Group’s leading market position and compelling technical earnings performance. With a view to the planned merger of Helvetia and Baloise, S&P’s report indicates that a positive rating action may also be possible going forward provided that the planned merger strengthens the Group’s competitive position and the combined company retains its excellent financial risk profile.

The following credit ratings apply to the Baloise Group units that have been rated by S&P:

• Baloise Insurance Ltd (Switzerland): A+ with a stable outlook
• Baloise Life Ltd (Switzerland): A+ with a stable outlook
• Baloise Belgium NV: A+ with a stable outlook
• Baloise Sachversicherung AG Deutschland: A+ with a stable outlook
• Baloise Holding Ltd: A- with a stable outlook

Contact
Baloise, Aeschengraben 21, CH-4002 Basel
Website: www.baloise.com
E-Mail: media.relations@baloise.com / investor.relations@baloise.com
Media Relations: Tel: +41 58 285 70 53
Investor Relations: Tel: +41 58 285 81 81

About Baloise

The focus is firmly on the future at Baloise. We aim to make tomorrow more straightforward, safer and more carefree for our customers, and we are taking responsibility for this today. Baloise is more than just a traditional insurance company. Through our smart finance and insurance solutions, we offer a complete service package. Dependable support, reliable cooperation and trust-based relationships are key aspects of our stakeholder interaction. We take care of financial matters so that our customers can concentrate on the important things in their lives and can find inspiration in the everyday. Baloise, a European company founded more than 160 years ago, currently employs 8,000 people at its headquarters in Basel (Switzerland) and across its subsidiaries in Belgium, Germany and Luxembourg. Our services generated a business volume of around CHF 8.6 billion in 2024. Baloise Holding Ltd shares (BALN) are listed on the SIX Swiss Exchange.