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Helvetia Holding AG ( (CH:HELN) ) has shared an update.
Helvetia Holding AG reported a strong financial performance in its group life business for 2024, with a 26.5% increase in the operating result, reaching CHF 61.9 million. This growth was driven by a shift towards partially autonomous solutions and increased capital gains, positioning Helvetia as the second-largest player in the Swiss group life market. The company also saw a rise in premium volume and managed assets, despite a decrease in the number of fully insured persons.
The most recent analyst rating on (CH:HELN) stock is a Hold with a CHF169.00 price target. To see the full list of analyst forecasts on Helvetia Holding AG stock, see the CH:HELN Stock Forecast page.
More about Helvetia Holding AG
Helvetia Holding AG operates in the insurance industry, focusing on providing a range of insurance solutions, including group life and occupational pension products. The company is known for its tailored pension solutions and has a significant presence in the Swiss group life market.
Average Trading Volume: 105,492
Current Market Cap: CHF10.07B
See more insights into HELN stock on TipRanks’ Stock Analysis page.