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Companies >
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Baloise-Holding AG >
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Net profit above expectations, new share buy-back programme over three years

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  • 23 Mar 2017

Net profit above expectations, new share buy-back programme over three years


Baloise-Holding AG (0QQ3:LON) | 0 0 0.1% | Mkt Cap: 7,154m


  • AlphaValue
    • Dieter Hein

    • 2 pages

General Insurance image



 
General Insurance image



Net attributable profit increased by 4% to CHF535m for FY2016 compared to FY2015. Net premiums earned were down by 3% to CHF6.5bn for FY2016 compared to FY2015. The investment income declined by 3% to CHF1.48bn for 2016. Realised gains on investments rose from CHF386m for FY2015 to CHF667m for FY2016. The investment yield was 2.9% in 2016 compared to 3.0% in 2015. Overall income was flat at CHF8.9bn in 2016 compared to 2015. Insurance claims rose by 6% to CHF5.7bn in the same period. Total ex ....


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Net profit above expectations, new share buy-back programme over three years


Baloise-Holding AG (0QQ3:LON) | 0 0 0.1% | Mkt Cap: 7,154m


  • Published: 23 Mar 2017
  • Author: Dieter Hein
  • Pages: 2
  • AlphaValue


Net attributable profit increased by 4% to CHF535m for FY2016 compared to FY2015. Net premiums earned were down by 3% to CHF6.5bn for FY2016 compared to FY2015. The investment income declined by 3% to CHF1.48bn for 2016. Realised gains on investments rose from CHF386m for FY2015 to CHF667m for FY2016. The investment yield was 2.9% in 2016 compared to 3.0% in 2015. Overall income was flat at CHF8.9bn in 2016 compared to 2015. Insurance claims rose by 6% to CHF5.7bn in the same period. Total ex ....



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