Cookies and third-party cookies are activated on this page in order to offer you the best possible service and to provide information and offers. By using the Internet pages of Helvetia, you declare your agreement and consent to data processing by Helvetia. Further information - including how to deactivate cookies - can be found in the Privacy Policy.

  • I am interested in
    Please check your internet connection
    No results found
    Please get in contact with us. To contact form
Media release
Group News

S&P raises the rating of Helvetia from "A-" to "A"

The Rating-agency Standard and Poor's (S&P) has upgraded its ratings on the core entities of Helvetia Group on 2 May 2013 from "A-" to "A". S&P gave several reasons for the upgrade, among them the strong profitability, competitive position and capitalisation of Helvetia Group.
02.03.2013
helvetia-media-releases.jpg
The rating upgrade benefits the Longterm Counterparty Credit Rating as well as the Insurer Financial Strength Rating of Helvetia Swiss Insurance Company Ltd. and Helvetia Swiss Life Insurance Company Ltd. S&P has given an "A" rating to both of these core companies of the Helvetia Group. S&P also raised the Insurer Financial Strength Rating of Helvetia Assurances S.A. from "A-" to "A" due to the guarantee from Helvetia Swiss Insurance Company Ltd. The ratings have a "stable" outlook.

S&P's gave several reasons for their decision. They acknowledge, among others, Helvetia's sustainable profitability as well as its strong capitalisation and financial flexibility. The improved competitive position also contributed to the upgrade of the ratings.

Paul Norton, Helvetia Group CFO, is pleased with the S&P decision. "The upgrade of the ratings reflects our strategy to grow profitably, whilst maintaining a focus on solid capitalisation."

This media release is also available online at www.helvetia.com/en/media.

Contact information
Analysts
Helvetia Group
Susanne Tengler
Investor Relations
Dufourstrasse 40
CH-9001 St.Gallen, Switzerland


Telephone: +41 58 280 57 79
Fax: +41 58 280 55 89
susanne.tengler@helvetia.ch
www.helvetia.com
Media
Helvetia Group
Andreas Notter
Corporate Communications
and Brand Management
Dufourstrasse 40
CH-9001 St.Gallen, Switzerland

Telephone: +41 58 280 57 61
Fax: +41 58 280 55 89
andreas.notter@helvetia.ch
www.helvetia.com
Recommend this page