S&P Confirms Helvetia Holding AG's 'A+' Rating with Stable Outlook

Standard & Poor's (S&P) has reaffirmed Helvetia Holding AG's financial strength, maintaining an 'A+' rating with a stable forecast. This decision marks the first evaluation using S&P's revised capital model, introduced in November 2023. Under these new guidelines, Helvetia continues to exhibit superior capitalization and a balanced risk profile. The insurance conglomerate has been lauded for its robust financial health and effective risk management strategies.

Helvetia's Chief Financial Officer, Annelis Lüscher Hämmerli, stated that S&P's confirmation reflects the company's solid balance sheet and consistent profitability. This endorsement is seen as a testament to the resilience of Helvetia's diversified and profitable business model. The 'A+' ratings extend across several Helvetia Group entities, including Helvetia Swiss Insurance Company Ltd and Helvetia Swiss Life Insurance Company Ltd, among others, all maintaining stable outlooks. S&P now categorizes Helvetia's financial risk profile as 'Excellent'.