Baloise Holding AG 2011 AR2
The report highlights Bâloise Holding Ltd's performance during the demanding 2011 fiscal year, which was heavily impacted by the European debt crisis and low interest rates. Despite these market-related challenges, the company maintained a strong capital position with a solvency margin of 203% and a net combined ratio of 95.5% in its nonlife business. Baloise expanded its market presence in Belgium through the strategic acquisitions of Avéro and Nateus. Additionally, the company continued its commitment to sustainability by implementing energy-saving measures in its computer centres and promoting employee development through its new Performance Management System.
Company: Baloise Holding AG
Sector: Finance & insurance
Country: Switzerland
Year: 2011
Type: AR2
Pages: 248
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Baloise Holding AG
Annual Report
The report highlights Bâloise Holding Ltd's performance during the demanding 2011 fiscal year, which was heavily impacted by the European debt crisis and low interest rates. Despite these market-related challenges, the company maintained a strong capital position with a solvency margin of 203% and a net combined ratio of 95.5% in its nonlife business. Baloise expanded its market presence in Belgium through the strategic acquisitions of Avéro and Nateus. Additionally, the company continued its commitment to sustainability by implementing energy-saving measures in its computer centres and promoting employee development through its new Performance Management System.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women in Management
Employees