Media information

Sale of subsidiaries completed

Basel, 12 March 2014. The Baloise Group has completed the sale of its Croatian and Serbian subsidiaries to the Austrian UNIQA Group.

On 22 October 2013, Baloise announced that it was selling its companies in Croatia and Serbia to UNIQA for EUR 75 million and withdrawing from its business operations in south-eastern Europe. As already disclosed last year, Baloise expects to incur a one-time loss of around CHF 30 million as a result of its withdrawal from these markets.

Contact

Baloise Group, Aeschengraben 21, CH-4002 Basel

Website: www.baloise.com

Email: media.relations@baloise.com / investor.relations@baloise.com

Media Relations: Dominik Müller, tel. +41 58 285 84 67

Investor Relations: Marc Kaiser, tel. +41 58 285 81 81

Further information

Media information at www.baloise.com

All information is now available on our website at: www.baloise.com.

Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions. It positions itself as an insurer with an intelligent risk-prevention concept, the "Safety World". In Switzerland, the Group operates as a specialised provider of financial services, offering a combination of insurance and banking services. The Group also has a market presence in Germany, Belgium, Luxembourg, Austria and Liechtenstein. Its distribution network includes its own sales organisation as well as brokers and other partners. Baloise operates its innovative life and pensions business for private customers throughout Europe, with its competence centre in Luxembourg.

Bâloise Holding Ltd shares are quoted in the main segment of the SIX Swiss Stock Exchange. The Baloise Group employs some 8,000 people.


Media information (PDF)



Provider
 Channel
 Contact
Tensid Ltd., Switzerland
www.tensid.ch


 newsbox.ch
www.newsbox.ch


 Provider/Channel related enquiries
marco@tensid.ch
+41 41 763 00 50