22 : The Baloise Insurance Group

Worldwide GWP for 1998 (£000s):
£2,744,699 (1997: £2,720,994)

Parent:
Baloise Holding

Chief executive:
Dr Rolf Schauble, chairman

Year company established:
1863

Address, telephone and fax numbers of European head office:
Aeschengraben 21
CH 4002
Basel
Switzerland
Tel: +41 61 285 8585
Fax: +41 61 285 7070
http://www.baloise.com

Key insurance personnel:
Hugo Schenk (risk management)
Urs Berger (Switzerland)
Walter Frehner (vice-chairman)
Carl M Meyer (finance)

Board of Directors:
Gaundenz Staehelin
Christoph J C Albrecht
Andreas Burckhart
Dietrich Forcart
Gertrud Höhler
Martin Junger
Georg F Krayer
Jean-Marc Rapp
Eveline Oechslin-Saupper
Arend Oetker

Company history:
On May 2 1863 five prominent citizens of Basel founded the Baloise Fire Insurance Company, a year later in 1964, they went on to establish the Baloise Transport Insurance company and the Baloise Life Insurance company. A little less than 100 years later (in 1958) the latter transferred its accident insurance business to Baloise Accident Insurance , a company set up especially for this purpose, although these companies were loosely connected with one another. In 1962 Baloise -Holding was set up as a holding company for the Baloise companies which up until then had been independent entities. In 1971 this was followed by the next logical step - the merger of the non-life companies to form the Baloise Insurance Group.

Worldwide net written premium for 1998 (£000s):
£2,621,667

Worldwide net written premiums for 1997 (£000s):
£2,548,043