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Baloise Holding Ltd (Baloise or “the company”) is a European provider of insurance and pension solutions. In Switzerland, the company operates as a focused financial services provider, combining insurance and banking services. Baloise operates in Switzerland, Germany, Austria, Belgium, Luxembourg, Liechtenstein, Croatia and Serbia. It is headquartered in Basel, Switzerland, and employed 8,000 people as on December 31, 2013. The company recorded revenues of CHF9,747.5 million ($10,522.5 million) during the financial year ended December 2013 (FY2013), an increase of 3.4% over FY2012. The operating profit of the company was CHF658.2 million ($710.5 million) in FY2013, an increase of 6.5% over FY2012. The net profit was CHF452.6 million ($488.6 million) in FY2013, a decrease of 5.6% over FY2012.
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