Baloise’s Switzerland business proves robust despite challenging year
The full-range financial service offering, encompassing insurance and banking services, is proving extremely popular with customers and is continuing to grow steadily across Switzerland.
- The full-range financial service offering, encompassing insurance and banking services, is proving extremely popular with customers and is continuing to grow steadily across Switzerland.
- Clemens Markstein, CEO of Baloise Switzerland: “The storm that hit all parts of Ticino in August resulted in an exceptionally high number of claims for the Switzerland business in 2023.
- But the business still proved robust despite it being such an exceptional year for claims.
- The very good growth in premiums in the non-life business was particularly encouraging, as were the strong earnings in the banking business.