baloise holding ag-unspn adr (BLHEY) Key Developments
Bâloise Group Reports Earnings Results for the Year 2013; Provides Return on Equity Guidance for the Year 2014
Mar 25 14
Bâloise Group reported earnings results for the year 2013. For the year, the company reported profit for the period attributable to the shareholders of CHF 452.6 million or CHF 9.08 per diluted share against CHF 436.6 million or CHF 9.38 per diluted share a year ago. Return on equity was 9.5% compared to 10.3% a year ago. The company increased its total business volume by an outstanding 7.8% to CHF 9,009 million in 2013 and continued to improve its already strong profitability. Income from its life insurance business grew by almost 50%. Earnings before interest and tax (EBIT) from property insurance rose by approximately 4% to CHF 366 million on the back of higher gains on investments. EBIT from life insurance operations jumped by almost 50% to CHF 261 million owing to strong volume growth, the optimized business mix and slightly higher interest rates.
For the year 2014, the company expects return on equity of between 8% and 12%.
Bâloise Holding Ltd Announces Board Changes
Feb 19 14
The Board of Directors of Bâloise Holding Ltd. is proposing the appointment of Christoph Gloor to the Board of Directors at the Annual General Meeting on 24 April 2014. The private banker will succeed Georg Krayer, Vice-Chairman of the Board of Directors, who is stepping down from the Board on the grounds of age. Christoph Gloor is Chairman of the Association of Swiss Private Banks and has been a member of the Board of Directors of the Swiss Bankers Association since September 2013. He is also Chairman of the cultural organisation Casino-Gesellschaft in Basel and Treasurer of the Voluntary Academic Society.
Bâloise Holding AG Presents at Helvea Swiss Equities Conference, Jan-16-2014 03:00 PM
Dec 23 13
Bâloise Holding AG Presents at Helvea Swiss Equities Conference, Jan-16-2014 03:00 PM. Venue: Bad Ragaz, Switzerland. Speakers: Marc Kaiser, Head of Investor Relations, Martin Strobel, Chief Executive Officer, Head of International and President of Corporate Executive Committee.
Bâloise Holding AG Presents at Berenberg European Conference 2013, Dec-03-2013 11:00 AM
Nov 26 13
Bâloise Holding AG Presents at Berenberg European Conference 2013, Dec-03-2013 11:00 AM. Venue: Pennyhill Park Hotel & Spa, London Road, Bagshot, Surrey, GU19 5EU, Greater London, United Kingdom. Speakers: German Egloff, Chief Financial Officer.
Bâloise Holding AG to Report Fiscal Year 2013 Results on Mar 25, 2014
Nov 13 13
Bâloise Holding AG announced that they will report fiscal year 2013 results on Mar 25, 2014