Baloise-Holding

Baloise-Holding (Baloise) is an insurance company, providing insurance and pension solutions. The company offers insurance and retirement solutions principally at individual and corporate levels. Baloise is also focused on providing portfolio management, along with investment options in several markets and asset classes. The company operates as a financial services provider, offering a combination of insurance and banking services in Switzerland. Additionally, the company provides vocational training in insurance, finance or services and administration which helps the apprentices to embark on their careers. Baloise is also engaged in the environmental program formulated by the United Nations. The company`s customers include private individuals and small and medium-sized organizations. It markets its services in Switzerland, Germany, Belgium, Luxembourg, Austria, Croatia and Serbia. Baloise subsidiaries include Basler, Baloise (Luxembourg) Holding S.A., Basler Versicherung Beteiligungsgesellschaft mbH, Deutscher Ring Beteiligungsholding GmbH, Mercator Verzekeringen NV and Versicherungs-Gesellschaft, so on. The company is headquartered in Basel, Switzerland.The company reported revenues of (Swiss Francs) CHF 7,899.20 million during the fiscal year ended 2008, a decrease of 21.02% from 2007. The operating profit of the company was CHF 579.90 million during the fiscal year 2008, a decrease of 44.40% from 2007. The net profit of the company was CHF 358.30 million during the fiscal year 2008, a decrease of 54.42% from 2007.