Helvetia presents a robust solvency ratio in its 2023 annual report

Helvetia Holding AG has published its financial situation report for the 2023 financial year, revealing a Swiss Solvency Test (SST) ratio of 288%. This figure, down from 331% the previous year, nevertheless demonstrates solvency well above regulatory requirements. The variation is attributed to fluctuations in capital markets, including falling risk-free interest rates and changes in exchange rates.

Annelis Lüscher Hämmerli, CFO of the group, underlines the robustness of the balance sheet which made it possible to manage exceptional claims while maintaining attractive dividends. Helvetia is on track to achieve its objective of distributing more than CHF 1.65 billion in dividends for the period 2021-2025, despite a fluctuating economic context.