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Baloise announces major boost to profit

This content was published on Apr 6, 2005 The company said that the strong performance was mainly due to the business at its non-life insurance operations. Net profit at the unit almost quadrupled last year to SFr184.1 million, compared with SFr34.1 million in 2003. “We are pleased with the massive progress that has been made… The non-life business achieved an excellent performance,” CEO…

Swiss Life boss sees better times ahead

This content was published on Apr 5, 2005 In an interview with swissinfo, Swiss Life CEO Rolf Dörig said that the restructuring programmes of the past few years had paid off handsomely. He is also convinced that the company is now clearly focused on its profitable core markets. According to Dörig, Swiss Life – which announced a massive increase in 2004 net profit…

Sport lifts children’s spirits

This content was published on Apr 5, 2005 Organisers claim that the sport activities offered have already had a positive impact on the well-being of the young victims. The Swiss Academy for Development (SAD) initiated the programme in the Iranian city – which was flattened by a tremor in December 2003 – to help children and young adults cope with the fallout. Last…

Swiss stay at home for Pope’s funeral

This content was published on Apr 5, 2005 Only the Swiss Federal Railways is intending to increase capacity. Travel companies say there is a lack of accommodation in the Italian capital. More than two million people are expected in Rome ahead of the funeral of Pope John Paul II, who died last Saturday at the age of 84. His body is currently lying…

Swapping Swiss cows for grizzly bears

This content was published on Apr 5, 2005 His move from the Alps to the Canadian Rockies marked the beginning of this relationship that has taken him from the Andes to the Russian Far East. On a recent visit to Switzerland, Sommerhalder talked about his experiences in Russia’s remote Kamchatka region, where he acted as foster parent to five orphaned cubs, proving that…

Swiss Life profit surges in 2004

This content was published on Apr 5, 2005 CEO Rolf Dörig said the company was stronger financially after a period of restructuring. The result, which was above analysts’ expectations, was the company’s highest annual profit since 2000. In a statement on Tuesday, Swiss Life said it planned to pay out a dividend of SFr4 per share – the first payout in four years…

Unions want more state money for pensioners

This content was published on Apr 4, 2005 The Federation says around half of Switzerland’s pensioners currently have to make ends meet on considerably less than that sum, which is considered the minimum to meet basic needs. The Federation said on Monday that its proposals, which would push up the state’s pension bill by an estimated extra SFr3.7 billion, were aimed at shoring…

Spy technology takes security a step further

This content was published on Apr 4, 2005 As part of their diploma work for the School of Engineering and Information Technology (HTI), Chris Bürgi and Andry Joos came up with Face Off, a system that uses a hidden camera to film its subjects. The images captured are fed into a computer database, which compares them with the photos in its memory. There…

Greens slam plans for biotech plant

This content was published on Apr 3, 2005 They called for measures to protect agricultural land and demanded that zoning laws be respected. Up to 2,000 people took part in the demonstration near the village of Galmiz on Sunday. They accused the authorities of violating town and country planning regulations and destroying the natural habitat of the region. In December the Fribourg cantonal…

Tsunami sharpens focus on disaster prevention

This content was published on Apr 1, 2005 The SDC said that last December’s tsunami had shown the importance of early warning systems and action plans for events such as earthquakes and hurricanes. Dealing with natural disasters was the theme of the SDC’s annual Humanitarian Aid Day, held in Bern on Friday and attended by almost 1,000 people. The conference came just three…

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