Baloise and Helvetia announce merger to create second largest insurance group in Switzerland

Written by Adam Cadle

22/04/2025

Helvetia and Baloise are to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20bn Swiss francs ($24.69bn).

The new group will be called Helvetia Baloise Holding. And will become one of the ten largest insurers in Europe.

The deal is expected to be completed in Q4 2025, and Helvetia CEO Fabian Rupprecht will take the helm of the new firm, while Thomas von Planta, currently chairman at Baloise, will lead the combined group’s board of directors.

"The transaction will ensure the long-term attractiveness and competitiveness of the two long-standing Swiss companies in the local and international insurance market and generate superior value for customers, partners, employees, the public and shareholders," von Planta said.

Related Articles