Net attributable profit increased by 2.5% to CHF548m for FY2017 compared to FY2016. Net premiums earned were slightly up by 0.5% to CHF6.54bn for FY2017 compared to FY2016. The investment income declined by 6% to CHF1.39bn for 2017. Realised gains on investments rose from CHF667m for FY2016 to CHF1.12bn for FY2017. The investment yield was unchanged at 2.9% in 2017. Overall income was up by 6% to CHF9.4bn in 2017 compared to 2016. Insurance claims rose by 1% to CHF5.7bn in the same period. To
27 Mar 2018
Solid FY2017 figures, higher dividend proposal
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Solid FY2017 figures, higher dividend proposal
Baloise-Holding AG (0QQ3:LON) | 0 0 0.1% | Mkt Cap: 7,154m
- Published:
27 Mar 2018 -
Author:
Dieter Hein -
Pages:
2
Net attributable profit increased by 2.5% to CHF548m for FY2017 compared to FY2016. Net premiums earned were slightly up by 0.5% to CHF6.54bn for FY2017 compared to FY2016. The investment income declined by 6% to CHF1.39bn for 2017. Realised gains on investments rose from CHF667m for FY2016 to CHF1.12bn for FY2017. The investment yield was unchanged at 2.9% in 2017. Overall income was up by 6% to CHF9.4bn in 2017 compared to 2016. Insurance claims rose by 1% to CHF5.7bn in the same period. To