Market Closed -
Swiss Exchange
11:31:30 2024-04-26 am EDT
5-day change
1st Jan Change
118.6
CHF
+0.42%
+0.59%
+2.33%
Helvetia : Investment Story – short version - EN
October 12, 2023 at 03:13 am EDT
Representing financial year 2022, restated to IFRS 17/9
Net income
Combined
Return
S&P
MSCI ESG
(in CHF million)
ratio
on equity
rating
rating
480
94.3%
11.6%
A+
A
European insurance group headquartered in Switzerland
Anchor shareholder Patria Mutual (34.1%)
CHF 6.4 billion market capitalisation as of 30/06/2023
>7 million customers, mostly private persons and SME
Sustainably growing dividends
Profitably growing core insurance business...
Business volume
2012
(in CHF million)
2022
6,97910,729
Business volume 2022 restated for new definition following introduction of IFRS 17/9, impact: CHF -368 million
...building the basis for a consistent increase in dividends Dividend per share
3.4
CAGR
5.7%
Resilience based on financial strength and diversification
Regions
Business fields
Income streams
Non-life
SpecialtyPremiums
Markets
(global)
Europe
Switzerland
Fee
Fee and
commission
business
income
Customer segments
Private customers
SME customers
Large corporates (specialty niches)
Solvency
(SST ratio)
331%
Proven ability to seize growth opportunities
Scaling online
Expansion of ecosystem "Health and care"
insurer Smile
driving capital-light fee income
Business volume
Fee and commission income
CAGR
2020
(in CHF million)
2022
2016-2022
Fee and commission income 2022 restated for IFRS 17/9 impact, impact: CHF-26 million
Continuously pursuing growth opportunities in attractive specialty niches
Business volume
(in CHF million)
20162022
215560
Engineering | Marine | Aviation | Space | Art
Business volume 2022 restated for new definition following introduction of IFRS 17/9, impact: CHF -55 million
Ambitious financial targets for an attractive shareholder return
&
Non-life
Life new business
Fee business
Fee business share
2025
combined ratio
margin
volume by 2025
on group profit by 2025
untiltargetsFinancial sustainability
(in CHF million)
92-94%
4-6%
>450
>5%
Cost efficiencies
S&P
Dividend distribution
Return
by 2025
rating
2021 - 2025
on equity
(in CHF million)
(cumulative in CHF billion)
100
A
>1.65
11-14%
© 2023 Helvetia Group | Investor Relations contact: +41 58 280 5923 | investor.relations@helvetia.ch
Sustainability ambitions
MSCI ESG rating
A
Net zero
in own operations by 2040
in investments and insurance business by 2050
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Helvetia Holding AG published this content on 11 October 2023 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 12 October 2023 07:12:09 UTC .
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Transcript : Helvetia Holding AG, 2023 Earnings Call, Apr 11, 2024
Apr. 11
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Apr. 11
MT
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Apr. 09
CI
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Mar. 21
MT
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Feb. 05
MT
Transcript : Helvetia Holding AG, 2023 Earnings Call, Feb 02, 2024
Feb. 02
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Nov. 22
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Nov. 22
MT
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23-10-30
MT
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23-09-28
CI
Transcript : Helvetia Holding AG, H1 2023 Earnings Call, Sep 27, 2023
23-09-27
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23-09-27
MT
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23-09-27
Helvetia Reports Growth in H1 Attributable Profit, Revenue
23-09-27
MT
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23-06-30
MT
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23-06-27
Transcript : Helvetia Holding AG - Shareholder/Analyst Call
23-06-27
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23-05-30
MT
AlphaValue/Baader Europe Lowers Price Target on Helvetia Holding AG
23-05-18
MT
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23-04-28
CI
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23-04-28
CI
AlphaValue/Baader Europe Lifts Price Target on Helvetia Holding AG
23-04-27
MT
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Helvetia Holding AG is a Switzerland-based company of the Helvetia Group, an all-lines insurance service group. The Company divides its activities into the segments Switzerland, Germany, Italy, Spain and Other insurance units, including Austria, France and the global reinsurance business, as well as Corporate, comprising all Helvetia Group activities, financing companies and the Company itself. It operates in areas such as life business and non-life business. The life business offers life insurance, pension plans and annuities, among others. The non-life business includes property, motor vehicle, liability and transport policies, as well as health and accidental insurance coverage. The reinsurance business, among others, is included in Other activities business. It operates through its branch offices and subsidiaries, including Basler Versicherungen AG, Chiara Assicurazioni SpA and Schweizerische National-Versicherungs-Gesellschaft AG (Nationale Suisse).
More about the company
Mean consensus
UNDERPERFORM
Last Close Price
118.6
CHF
Average target price
110.7
CHF
Spread / Average Target
-6.69%
Consensus
1st Jan change
Capi.
+2.33% 6.85B +9.73% 110B +8.61% 99.67B +4.48% 97.53B +0.07% 69.25B +18.56% 28.19B +10.29% 19.64B -4.64% 12.38B +8.95% 10.98B +8.55% 10.43B
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