baloise holding ag - reg (BLHEF) Key Developments
Baloise Group Announces Departure of Martin Strobel as CEO, Effective April 30, 2016
Jun 5 15
Baloise Group has announced the departure of Martin Strobel as CEO, effective April 30, 2016. Strobel is 49 years old and has been with the company since 1999. He became Group CEO on January 01, 2009. From 2003 to 2008 he was a member of the Corporate Executive Committee with responsibility for Corporate Division Switzerland.
Bâloise reportedly Eyes Ethias
May 11 15
According to De Tijd, Bâloise Holding AG (SWX:BALN) would be interested in Ethias S.A., which is currently 75%-owned by the Belgian government.
Bâloise Reportedly Eyes Insurance Division Of Belfius
May 11 15
Bâloise Holding AG (SWX:BALN) is planning to acquire the insurance division of Belfius Banque SA/NV as soon as the Belgian government decides on a privatisation of certain assets, SeeNews reported citing daily De Tijd.
Baloise Group Announces Earnings Results for the Year Ended December 31, 2014
Apr 6 15
Baloise Group announced earnings results for the year ended December 31, 2014. The company reported profit attributable to shareholders for the year ended December 31, 2014 was CHF 14.63 per diluted share, compared to CHF 9.38 per diluted share, for the year ended December 31, 2013. Income for the year ended December 31, 2014 was CHF 10.37 billion, compared to CHF 9.75 billion for the year ended December 31, 2013. Other operating income for the year ended December 31, 2014 was CHF 185.2 million, compared to CHF 107.9 million for the year ended December 31, 2013. Profit before taxes for the year ended December 31, 2014 was CHF 885.1 million, compared to CHF 608.1 million for the year ended December 31, 2013.
Baloise Reports Earnings Results for 2014
Mar 26 15
Baloise reported earnings results for 2014. The company reported profit of CHF 711 million for 2014 due to continued strength of its insurance operations, substantial gains on its investments and its sale of shareholdings. Profit for the period attributable to shareholders was CHF 711 million against CHF 453 million a year ago. Return on equity rose 3.7% points to 13.5 % against 9.8% a year ago.