Helvetia completed the merger with Baloise.

Helvetia, an international insurance group, completed the merger with Baloise, a Swiss insurance company. Financial terms were not disclosed. “The merger of Helvetia and Baloise is a historic moment and represents the start of our shared story. In the new structure, Helvetia Baloise is the largest multi-line insurer in Switzerland and has a leading position in Europe. These combined strengths, reliability and stability create the foundations for the sustained added value that we promise to all of our stakeholders,” Fabian Rupprecht, Helvetia Baloise CEO.