Baloise 9M SST Ratio Of Around 210% As At 30 September
Nov 20 (Reuters) -Baloise Holding AG BALN.S:
9M SOLID SST RATIO OF AROUND 210 PER CENT AS AT 30 SEPTEMBER 2024
VOLUME OF BUSINESS IN FIRST NINE MONTHS OF 2024 WAS ON A PAR WITH PRIOR-YEAR PERIOD AT CHF 6,892.0 MILLION
HIGH LEVEL OF CASH REMITTANCE OF OVER CHF 550 MILLION EXPECTED
NEW FINANCIAL TARGETS CONSIST OF A RETURN ON EQUITY OF BETWEEN 12 PER CENT AND 15 PER CENT
VOLUME OF PREMIUMS IN NON-LIFE BUSINESS ROSE BY 2.9 % IN LOCAL CURRENCY TERMS TO CHF 3,428.3 MILLION IN FIRST NINE MONTHS
DIVIDEND POLICY REMAINS IN PLACE, SUPPORTED BY A NEW CAPITAL ALLOCATION FRAMEWORK WITH AT LEAST 80 PER CENT OF CASH REMITTANCE DISTRIBUTED TO SHAREHOLDERS
Source text: ID:nEQQsNp0a
Further company coverage: BALN.S
(Gdansk Newsroom)
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