Helvetia Holding AG Considers Sale of German Insurance Operations
Helvetia Holding AG, a prominent listed Swiss insurer, is considering selling its loss-making German insurance operations. For more details on this development, you can visit the original report by Bloomberg, published on January 7, 2025.
The Swiss company has engaged JPMorgan Chase & Co. to handle the process, expecting to gather non-binding offers in the coming weeks. The potential sale, still in its early stages, could generate between 500 million and 600 million Swiss francs ($663 million), according to sources.
Helvetia's German branch recorded 988 million Swiss francs in written premiums and deposits in 2023, accounting for approximately 8.7% of the group's total business volume. Despite this, the division, which includes operations in Italy and Austria, registered a loss in 2023, attributed to the sluggish German economy and decreased construction activity.
As the Swiss insurance sector witnesses increased consolidation interest, Helvetia's strategic move has captured attention, especially after an activist investor accumulated a significant stake in Baloise Holding AG, a leading competitor. This has spurred other major players, such as Zurich Insurance Group AG, Axa SA, and Allianz SE, to analyze potential acquisition opportunities.
Helvetia's share price soared by 31% over the past year, placing its market valuation at around 8.16 billion Swiss francs. As part of its strategic initiatives, the company announced new financial targets for 2025-2027, including enhanced dividend payouts and cost-saving measures exceeding 200 million francs in the next three years.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
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5. MOST PROMISING SUPPLYING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
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The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
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8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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11. COUNTRY PROFILES
The Largest Markets And Their Profiles
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- China
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- Russian Federation
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- Indonesia
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
