Baloise and Helvetia gain regulatory approvals for merger

Baloise and Helvetia announced that they have received additional approvals for their planned merger, with the Swiss Competition Commission granting approval and the European Commission successfully concluding its Foreign Subsidies Regulation review.

Following completion of these approval processes, the companies have agreed that the closing of the transaction will take place on December 5th 2025, contingent upon obtaining all remaining regulatory authorization.

The companies announced the merger in April. The combined entity will become the second-largest insurance group in Switzerland with a market share of ~20%. The entity will have CHF 20 billion in written premiums across 8 countries and a global specialty business.