Nationale Suisse and Baloise Switzerland to collaborate on insuring major art collections and exhibitions
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Nationale Suisse /
Nationale Suisse and Baloise Switzerland to collaborate on insuring major art
collections and exhibitions
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The issuer is solely responsible for the content of this announcement.
Nationale Suisse and Baloise Insurance are to work together to insure major art
collections and exhibitions in Switzerland. This will allow clients to benefit
from greater insurance capacity available locally as well as tailored solutions.
The two Basel-based insurers Nationale Suisse and Baloise Insurance are to enter
into a partnership in the art insurance sector and will be working together to
pool their capacity for the Swiss market locally. In the future, major art
collections and exhibitions held by museums, foundations and companies, but also
private individuals, will be insured jointly under the overall management of
Nationale Suisse. With this co-insurance of location, storage and transport
risks at a local level, Switzerland's leading players on the art market will
have even better opportunities to easily access greater insurance capacity and
to benefit from solutions tailored precisely to Swiss requirements.
Shared expertise and better access to the market
The two insurers also stand to gain from the partnership: in respect of major
risks, this non-exclusive cooperation will enable Baloise Insurance to draw on
the experience and positioning gained by Nationale Suisse over many years as an
internationally renowned art insurer. In addition, the two co-insurers will gain
enhanced access within this segment of the art insurance market, where large
sums are involved.
Strengthening the range of art insurance services for brokers and clients in
Switzerland
Hans Künzle, CEO of Nationale Suisse, is delighted to have found an area of
business to cultivate together with Baloise that is attractive to both
companies: "This partnership puts us in an even better position to further
strengthen the range of art insurance services that Swiss insurers can provide
to brokers and clients in Switzerland. We believe that the long tradition we
both share of actively collecting and promoting art will be a further key
element underpinning successful collaboration." Michael Müller, CEO of Baloise
Insurance Switzerland, stresses the added value for clients: "This cooperation
allows us to provide even greater security for our clients in the art sector.
The new, tailored insurance solutions will complement our current wide range of
services."
Baloise Insurance
Baloise Insurance and Baloise Bank SoBa act together as a focused provider of
financial services, combining insurance and banking services. They are leaders
in the field of integrated solutions for insurance, pensions and asset formation
for private customers and small and medium enterprises in Switzerland. With its
"Safety World" concept, Baloise is also an insurer with a range of intelligent
prevention services. Baloise Insurance has approximately 3 300 employees.
Baloise Insurance and Baloise Bank SoBa are part of the Baloise Group, which is
headquartered in Basel, Switzerland. Baloise shares are quoted in the main
segment of the SIX Swiss Exchange. The Baloise Group employs approximately
8 800 people.
Nationale Suisse
Nationale Suisse is an innovative, international and independent Swiss insurance
group providing first-rate risk and pension solutions in non-life and life
business as well as a growing number of tailored specialty lines products.
Consolidated gross premiums came to CHF 1.51 billion in 2012. The Group
comprises the parent company and about 20 subsidiaries and branch offices for
focused product lines in Switzerland, Italy, Spain, Germany, Belgium,
Liechtenstein, Malaysia, Latin America and Turkey. The headquarters of Swiss
National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the
SIX Swiss Exchange (NATN). On 30 June 2013, the Group employed 1 889 staff
(full-time equivalents).
Information
Nationale Suisse Baloise Insurance
Christina Hartmann Amos Winteler
Media Relations Head of Communications
Switzerland
Phone +41 61 275 23 40 Phone +41 58 285 74 70
Fax +41 61 275 22 21
christina.hartmann(at)nationalesuisse.com amos.winteler(at)baloise.ch
www.nationalesuisse.com/media-relations www.baloise.ch/medien
Remo Meier
Investor Relations
Phone +41 61 275 22 45
Fax +41 61 275 22 21
remo.meier(at)nationalesuisse.com
www.nationalesuisse.com/investor-relations
Nationale Suisse Baloise Insurance
Steinengraben 41 Aeschengraben 21
4003 Basel 4002 Basel
Switzerland Switzerland
Disclaimer and exclusion of liability
The purpose of this press release is to inform the public about certain events
or developments arising from the company's business. The information published
in this article is not an advertisement, offer or recommendation to engage in
transactions involving securities or other products of Nationale Suisse or any
other type of transaction. This press release may contain certain forward-
looking statements. Even if these forward-looking statements reflect the opinion
and expectations of Nationale Suisse, a number of risks, uncertainties and other
important factors may lead to actual developments and results differing strongly
from the expectations of Nationale Suisse. It is pointed out expressly that the
statements and projections contained in this press release are selective in
nature. Nationale Suisse provides no guarantee, either explicitly or implicitly,
regarding the accuracy and completeness of the statements and forecasts
published in this press release. Neither Nationale Suisse nor its executive
bodies or senior managers accept any liability for any damage or losses arising
directly or indirectly from the use of this press release. Unless otherwise
provided by applicable binding law Nationale Suisse is under no obligation to
update or amend the statements contained in this press release, be it in
response to new information, future events or any other reasons.
Updated post-publication information is available on our website
www.nationalesuisse.com. You may find further details and forecasts about the
business of Nationale Suisse there.
Press release:
http://hugin.info/100296/R/1727249/576546.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nationale Suisse via Thomson Reuters ONE
[HUG#1727249]
Unternehmensinformation / Kurzprofil:
Datum: 05.09.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 293677
Anzahl Zeichen: 7964
contact information:
Town:
Basel
Kategorie:
Business News
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