Dr Martin Strobel

Martin Strobel, CEO of the Baloise Group, commented: This framework agreement makes it possible for us to proceed with the optimisation measures in Germany as planned. The details of our business case, which have already been made public, remain valid.
Jürg Schiltknecht, CFO of Basler Versicherungen in Germany and the representative of CEO Jan De Meulder during the latter's current medical leave, added: We have been able to work constructively with the employee representatives. We now have an opportunity based on the agreement to put our German business on a sustainable footing for strong growth and profitability.

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