S&P confirms strong ratings for Baloise

14 juni 2024. Basel, June 12, 2024. S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. This renewed confirmation reflects the financial strength of the Baloise Group.

S&P Global Ratings (S&P) confirmed the Baloise Group's rating of A+ with a stable outlook. The rating is the first one using the revised capital model for insurers that S&P has applied since November 2023.

Also under the revised criteria, S&P continues to consider the capital strength of the Baloise Group to be excellent. In its credit rating report, S&P underlines the Baloise Group's very good market positions, strong technical performance and continued high level of capitalisation.

The following credit ratings apply for the Baloise Group entities 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