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Helvetia Holding AG ( (CH:HELN) ) has shared an update.
Helvetia Holding AG reported a strong SST ratio of 288% for the 2024 financial year, indicating excellent solvency that exceeds regulatory requirements. The company maintained its financial strength through strong performances in equity and real estate, despite dividend payouts and bond repayments. Helvetia’s robust capitalization and balanced risk position enhance its business model’s resilience and earning power. The company reorganized its corporate structure and launched a new strategy focusing on profitability and setting an ambitious dividend target for 2025 to 2027.
More about Helvetia Holding AG
Helvetia Versicherungen, based in St. Gallen, is an international insurance group with strong Swiss roots, employing over 14,000 people and serving more than 6.7 million customers since 1858. The company operates in Switzerland, Spain, and the GIAM markets, focusing on being a Local Customer Champion and a Global Specialist in international specialty lines and reinsurance. Helvetia targets growth in the specialty markets and offers solutions to SME customers across its European retail markets.
YTD Price Performance: 21.89%
Average Trading Volume: 95,399
Technical Sentiment Signal: Sell
Current Market Cap: CHF9.66B
See more data about HELN stock on TipRanks’ Stock Analysis page.