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Helvetia: 2022 results

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Magazine Issue: 
Earthquake: natural disaster and risk management [3]
Magazine date: 
Mar 2023

HelvetiaThe Swiss insurance group Helvetia has ended the financial year 2022 with a 1.1% drop in its turnover to 11.097 billion CHF (12 billion USD).

Non-life premiums totaled 6.965 billion CHF (7.5 billion USD) against 4.132 billion CHF (4.5 billion USD) for the life class of business. The non-life combined ratio has improved by 0.1 point to reach 94.7%.

The net profit went up by 18.2% to stand at 614.4 million CHF (665.2 million USD) compared to the 519.8 million CHF (567.9 million USD) posted in 2021.

The company's Board of Directors is proposing a dividend of 5.9 CHF (6.4 USD) per share in 2022 against 5.5 CHF (6 USD) in 2021.

Read also | Ranking of European insurers and reinsurers [4]

Mon, 06/03/2023 - 15:55

Source URL: https://www.atlas-mag.net/en/category/pays/suisse/helvetia-2022-results

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-199-march-2023
[4] https://www.atlas-mag.net/en/article/ranking-of-european-insurers-and-reinsurers-in-2017