Top credit rating for Baloise – upgrade to A+ by Standard & Poor’s

June 28, 2018.

Baloise has underlined its excellent capitalisation yet again.

The Company had already published a very healthy SST solvency ratio of 262 per cent in its financial condition report. Now, rating agency Standard & Poor’s has confirmed Baloise’s outstanding level of capitalisation, raising the credit rating from ‘A’ with a positive outlook to ‘A+’ with a stable outlook. The new credit rating means Baloise has now attained a top position among the field of medium-sized European insurers.

Standard & Poor’s awarded this credit rating in recognition of Baloise’s excellent capitalisation – which is comfortably above the AAA level according to the S&P capital model – as well as its high operational profitability, robust risk management and solid competitive position in its profitable core markets.

Thanks to the improved credit rating, the Baloise Group occupies a top position among its competitors of a similar size and has strengthened its status as a safe and attractive long-term investment.  

Read full press release on Baloise Group website

Other news

Group Information

March 10, 2021

Baloise successfully enters the home straight of Simply Safe

“The results for 2020 demonstrate that Baloise is resilient in times of crisis – thanks to its far-sighted strategy with a strong focus on long-term success – and that the Company met all the ...

Group Information

April 30, 2020

Baloise safe, secure and reliable during coronavirus pandemic

During the coronavirus pandemic, Baloise remains a strong and reliable partner for all of its stakeholders. In its newly published financial condition report, the Baloise Group disclosed a ...