Baloise Holding AG News

Baloise of Switzerland Profit Jumps on Life Insurance Sales

Baloise Holding AG, Switzerland’s third-biggest insurer, said first-half profit jumped 43 percent, boosted by earnings from life insurance. The shares rose on expectations for a higher dividend. Net income increased to CHF349.9 million ($383 million) from CHF244.8 million [$268 million] …

Baloise Jumps as First-Half Profit Boosted by Life Insurance

Baloise Holding AG, Switzerland’s third-biggest insurer, rose the most in nearly three years after saying profit increased more than 40 percent in the first half. Profit will reach more than CHF 340 million ($375 million), the Basel-based insurer said today …

Baloise Germany Agrees to Eliminate 400 Jobs Over Four Years

Basler Versicherungen, the German unit of Swiss insurer Baloise Holding AG, reached an agreement to cut 400 jobs by the end of 2017 to reduce costs. The company, based in Bad Homburg, has “a framework agreement with the employee representatives’ …