26.06.2013 18:31:31

PRESS RELEASE: Nationale Suisse and Swiss Mobiliar cooperate on art insurance

-1 of 2- 26 Jun 2013 16:00:00 UTC  *DJ Nationale Suisse and Swiss Mobiliar cooperate on art insurance

   (MORE TO FOLLOW) Dow Jones Newswires

   June 26, 2013 12:00 ET (16:00 GMT)- - 12 00 PM EDT 06-26-13

-2 of 2- 26 Jun 2013 16:00:00 UTC  PRESS RELEASE: Nationale Suisse and Swiss Mobiliar cooperate on art insurance

Nationale Suisse / Nationale Suisse and Swiss Mobiliar cooperate on art insurance . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Nationale Suisse and Swiss Mobiliar are strengthening their collaboration and entering into a cooperation agreement for the provision of art insurance for the Swiss market. This will enable both insurers to strengthen their presence in this specialised niche. At the same time the two Swiss companies can provide the local market with greater insurance capacity and offer tailored solutions for local clients.

Having already worked together in the art insurance sector in the past, Nationale Suisse and Swiss Mobiliar are now extending their joint approach to the art market in Switzerland through a cooperation agreement that is active retrospectively from 1 January 2013. In art insurance, the Art specialty line of Nationale Suisse is well known internationally through its specific products and expertise. In future, Swiss Mobiliar can make increased use of this and so expand its range of services, while Swiss Mobiliar's distribution network provides Nationale Suisse with an additional sales channel. Together, these two Swiss companies are also able to provide the domestic market with greater insurance capacity, so enabling even major players in the art market in Switzerland to benefit from locally tailored, attractive solutions.

Providing cover from major collections to individual works of art of private clients

The market approach of this non-exclusive cooperation will be on three levels: in the market for major collections and exhibitions the capacity of both companies is being pooled within the framework of co-insurance, headed up by Nationale Suisse. In this way major risks can be covered jointly. In the market for collections of high net worth individuals and companies, such as galleries for example, Swiss Mobiliar's sales team will provide its clients with Nationale Suisse art insurance products and services. Finally, Swiss Mobiliar will continue to offer its private clients in the retail business cover for works of art such as paintings and sculptures through the insurance provided for valuables by the MobiCasa product. The art specialists at Nationale Suisse will support Swiss Mobiliar in this with their expertise.

Exploiting joint potential

Markus Hongler, CEO of Swiss Mobiliar, is looking forward to the collaboration: "We will now be in a better position to meet the needs of our clients with valuable collections." "Swiss Mobiliar is a core shareholder of Nationale Suisse. We also welcome this intensified, mutually attractive collaboration within the context of our shareholder strategy", stresses Hans Künzle, CEO of Nationale Suisse. "We are convinced that we can increasingly exploit the potential in the Swiss art insurance market jointly with Swiss Mobiliar." The affinity with art demonstrated by the two companies will also be of benefit in this regard. Both Nationale Suisse and Swiss Mobiliar have significant art collections.

Swiss Mobiliar Group

Every third household in Switzerland is insured by Swiss Mobiliar. Active in all lines of insurance, Swiss Mobiliar has an annual premium volume of CHF 3.3 billion. 80 largely independent general agencies with their own claims service guarantee proximity to more than 1.6 million customers. Swiss Mobiliar Insurance Company Ltd. is headquartered in Berne, Swiss Mobiliar Life Insurance Company Ltd. in Nyon. The Swiss Mobiliar Group also includes Swiss Mobiliar Asset Management Ltd., Protekta Legal Protection Insurance Ltd., Protekta Risk-Consulting Ltd., Mobi24 Call-Service-Center Ltd. and XpertCenter Ltd., all domiciled in Berne.

Swiss Mobiliar has around 4 100 employees and over 300 trainees in its home markets of Switzerland and the Principality of Liechtenstein. It is Switzerland's oldest private insurance company and has operated on a mutual basis since its founding in 1826.

Nationale Suisse

Nationale Suisse is an innovative, international and independent Swiss insurance group providing first-rate risk and pension solutions in non-life and life business as well as a growing number of tailored specialty lines products. Consolidated gross premiums came to CHF 1.51 billion in 2012. The Group comprises the parent company and about 20 subsidiaries and branch offices for focused product lines in Switzerland, Italy, Spain, Germany, Belgium, Liechtenstein, Malaysia, Latin America and Turkey. The headquarters of Swiss National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the SIX Swiss Exchange (NATN). On 31 December 2012, the Group employed 1 880 staff (full-time equivalents).

Information Nationale Suisse Swiss Mobiliar

Remo Meier Media Relations Investor Relations Phone +41 31 389 88 44 Phone +41 61 275 22 45 media@mobi.ch Fax +41 61 275 22 21 www.mobi.ch/media remo.meier@nationalesuisse.com www.nationalesuisse.com/investor-relati Swiss Mobiliar Insurance Company Ltd. ons Headquarter Christina Hartmann Bundesgasse 35 Media Relations 3001 Berne Phone +41 61 275 23 40 Switzerland Fax +41 61 275 22 21 christina.hartmann@nationalesuisse.com www.nationalesuisse.com/media-relations

Nationale Suisse Steinengraben 41 4003 Basel Switzerland

Disclaimer and exclusion of liability

The purpose of this press release is to inform the public about certain events or developments arising from the company's business. The information published in this article is not an advertisement, offer or recommendation to engage in transactions involving securities or other products of Nationale Suisse or any other type of transaction. This press release may contain certain forward-looking statements. Even if these forward-looking statements reflect the opinion and expectations of Nationale Suisse, a number of risks, uncertainties and other important factors may lead to actual developments and results differing strongly from the expectations of Nationale Suisse. It is pointed out expressly that the statements and projections contained in this press release are selective in nature. Nationale Suisse provides no guarantee, either explicitly or implicitly, regarding the accuracy and completeness of the statements and forecasts published in this press release. Neither Nationale Suisse nor its executive bodies or senior managers accept any liability for any damage or losses arising directly or indirectly from the use of this press release. Unless otherwise provided by applicable binding law Nationale Suisse is under no obligation to update or amend the statements contained in this press release, be it in response to new information, future events or any other reasons.

Updated post-publication information is available on our website www.nationalesuisse.com. You may find further details and forecasts about the business of Nationale Suisse there.

Press release: http://hugin.info/100296/R/1712086/568156.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Nationale Suisse via Thomson Reuters ONE

HUG#1712086

--- End of Message ---

Nationale Suisse

Steinengraben 41 Basel

WKN: 1081197;ISIN: CH0010811971;

http://www.nationalesuisse.com (END) Dow Jones Newswires

   June 26, 2013 12:00 ET (16:00 GMT)- - 12 00 PM EDT 06-26-13

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!