22. April 2025 – Helvetia and Baloise have entered into a definitive merger agreement to merge into Helvetia Baloise Holding AG by way of a statutory merger of equals. With a combined market capitalization of approximately CHF 18 billion and a combined business volume of approximately CHF 20 billion, the merged entity will be one of the largest Continental European insurers and the second largest player in aggregate life and non-life volumes in Switzerland. Completion of the merger is subject to shareholder approval and other customary conditions, including receipt of required regulatory approvals, and is expected to occur in Q4 2025.

Walder Wyss advises Helvetia on all Swiss law aspects of the merger. The Walder Wyss team is being led by Hans-Jakob Diem (Partner) and includes the core team members Thiemo Sturny (Partner), Christian A. Schmid (Senior Associate) and Nicolas von Sinner (Associate) from Corporate/M&A as well as the team members Reto Jacobs (Partner), Gion Giger (Counsel) and Felix Tuchschmid (Senior Associate) from Competition, Markus Pfenninger (Partner) and Sarah Vettiger (Senior Associate) from Regulatory, Thomas Meister (Partner) and Janine Corti (Counsel) from Tax, Roger Staub (Partner) and Manuel Bigler (Managing Associate) from IP/IT, Irène Suter-Sieber (Partner) and Gustaf Heintz (Senior Associate) from Employment as well as Katja Schott-Morgenroth (Partner), Stefan Walder (Counsel) and Dimitrios Berger (Managing Associate) from Corporate/M&A. Clifford Chance advises Helvetia on non-Swiss law aspects of the merger.