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Baloise

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Baloise seen down after H1 results miss expectations

BUZZ-Baloise seen down after H1 results miss expectations ** Shares in Baloise Holding BALN.S are seen edging down 1.05% in Julius Baer premarket trade after the Swiss insurer announced first-half results below market expectations ** "Overall a miss versus consensus, driven by the life segment," Vontobel says ** Profit attributable to shareholders
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Baloise Holding H1 Profit Attributable To Shareholders CHF 205.7 Mln

BRIEF-Baloise Holding H1 Profit Attributable To Shareholders CHF 205.7 Mln Sept 20 (Reuters) - BALOISE HOLDING AG BALN.S : PROFIT ATTRIBUTABLE TO SHAREHOLDERS FOR FIRST HALF OF 2023 AMOUNTED TO CHF 205.7 MILLION (H1 2022: CHF 214.7 MILLION). VOLUME OF BUSINESS STOOD AT CHF 5,339.9 MILLION (H1 2022: CHF 5,418.4 MILLION), WHICH WAS DOWN BY 1.5 PER CENT YEAR ON YEAR AS A RESULT OF UNFAVOURABLE CURRENCY EFFECTS.
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Swiss stocks - Factors to watch on September 20

Swiss stocks - Factors to watch on September 20 ZURICH/BERLIN, Sept 20(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: UBS UBSG.S UBS's Vice-Chairman said on Tuesday it was possible that Credit Suisse could generate further losses in the second half of the year but voiced confidence its takeover would benefit his bank in the longer run.
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Baloise shares slide on new accounting standards transition

BUZZ-Baloise shares slide on new accounting standards transition ** Shares in Baloise BALN.S are down 3.7%, as the Swiss insurer announced transition to new accounting standards IFRS 17 and IFRS 9 ** Under the new accounting standards, 2022 group profit was CHF 245 million ($273 million) and EBIT was CHF 367 million, compared to the previously anno
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Baloise Provides Information About Transition To New Accounting Standards IFRS 17 And IFRS 9

BRIEF-Baloise Provides Information About Transition To New Accounting Standards IFRS 17 And IFRS 9 June 29 (Reuters) - Baloise Holding AG BALN.S : IS PROVIDING INFORMATION ABOUT TRANSITION TO NEW ACCOUNTING STANDARDS IFRS 17 AND IFRS 9 AS A RESULT OF TRANSITION, THERE ARE CHANGES TO PRESENTATION OF INSURANCE BUSINESS ON BALANCE SHEET AND IN INCOME
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