Media release
St.Gallen, 30 March 2022

Helvetia Liechtenstein was renamed Helvetia Global Solutions AG (HGS) at the end of March 2022. Helvetia will underwrite international risks via Helvetia Global Solutions in Specialty Lines, international B2B2C business and International Automotive Business. The new name thus corresponds to the company's orientation and underscores the growing importance of international business for Helvetia.

Helvetia Liechtenstein will operate under the name Helvetia Global Solutions (HGS) as of the end of March 2022. The new name illustrates the company's international orientation. HGS operates in the non-life business and offers customized special and reinsurance coverage in the fields of industrial property, engineering, space, aviation, marine and art. HGS also insures Europe-wide risks in the B2B2C business and in International Automotive Business. HGS is registered in Liechtenstein, which is why it can underwrite risks in the European Economic Area as part of FOS (freedom of service). HGS also has a US licence for underwriting specific Specialty Line risks.

Growing business areas
In recent years, the business areas Specialty Lines, the B2B2C business and International Automotive Business were among the growth drivers of the Helvetia Group. These business areas still offer good and sustainable growth opportunities and thus make an important contribution to the strategic priority "profitable growth" of the helvetia 20.25 strategy.

Unchanged 'A' rating with positive outlook
HGS still has an 'A' rating with positive outlook from S&P Global Ratings (S&P). This rating is based on the company's solid capitalization with solvency of over 200%, its long-standing management and its efficient administrative and organizational structure. S&P also considers HGS to be a strategically important company in the Helvetia Group.

Last year, the business volume of HGS amounted to EUR 427.8 million (basis: local GAAP). HGS reported strong premium growth, especially in the B2B2C business and FOS business, and also in the Engineering and Aviation Specialty Lines.

About the Helvetia Group
Helvetia Group, with its headquarters in St. Gallen, has grown since 1858 to become a successful insurance group with over 12,000 employees and more than 7 million customers. It has been enabling its customers to seize opportunities and minimise risks for all that time - Helvetia is there for them when it matters. Helvetia is the best partner and is present everywhere that protection needs arise, with insurance, pension and investment solutions from a single source as well as simple products and processes. The insurance group knows the business, from mobile phone insurance and insurance cover for the Gotthard Base Tunnel to the long-term investment of customer assets. Helvetia develops and opens up new business models with enthusiasm and drives forward its own business in a powerful and future-oriented manner. It acts with foresight and responsibility in everything it does: for the benefit of its shareholders, customers and employees as well as its partners, society and the environment.
Helvetia is the leading all-lines insurer in Switzerland. In the Europe segment comprising Germany, Italy, Austria and Spain, the company has firmly rooted market positions for generating above-average growth. In the Specialty Markets segment, Helvetia offers tailored special insurance and reinsurance cover worldwide. With a business volume of CHF 11.22 billion, Helvetia generated IFRS net income after tax of CHF 519.8 million in the 2021 financial year. The shares of Helvetia Holding AG are traded on SIX Swiss Exchange.

Cautionary note
This document was prepared by Helvetia Group and may not be copied, altered, offered, sold or otherwise distributed to any other person by any recipient without the consent of Helvetia Group. The German version of this document is decisive and binding. Versions of the document in other languages are made available purely for information purposes. Although all reasonable effort has been made to ensure that the facts stated herein are correct and the opinions contained herein are fair and reasonable, where any information and statistics are quoted from any external source such information or statistics should not be interpreted as having been adopted or endorsed as accurate by Helvetia Group. Neither Helvetia Group nor any of its directors, officers, employees and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this information. The facts and information contained in this document are as up to date as is reasonably possible but may be subject to revision in the future. Neither Helvetia Group nor any of its directors, officers, employees or advisors nor any other person makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document.
This document may contain projections or other forward-looking statements related to Helvetia Group which by their very nature involve inherent risks and uncertainties, both general and specific, and there is a risk that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include: (1) changes in general economic conditions, in particular in the markets in which we operate; (2) the performance of financial markets; (3) changes in interest rates; (4) changes in currency exchange rates; (5) changes in laws and regulations, including accounting policies or practices; (6) risks associated with implementing our business strategies; (7) the frequency, magnitude and general development of insured events; (8) mortality and morbidity rates; (9) policy renewal and lapse rates as well as (10), the realisation of economies of scale as well as synergies. We caution you that the foregoing list of important factors is not exhaustive; when evaluating forward-looking statements, you should carefully consider the foregoing factors and other uncertainties. All forward-looking statements are based on information available to Helvetia Group on the date of its publication and Helvetia Group assumes no obligation to update such statements unless otherwise required by applicable law.