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Culture & Industry4h 25m ago

The Baloise Art Prize, which supported emerging artists in Art Basel's Statements section since 1999, has been quietly discontinued.

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Art Basel (Basel, Switzerland)

Who
Art Basel, Baloise, Helvetia Baloise Holdings, Silke Lindner, Sylvie Hayes-Wallace, Aziza Kadyri, Carla Gueye, Diego Marcon, Precious Okoyomon, Tiffany Sia, Farah Al Qasimi
What
The Baloise Art Prize, which supported emerging artists in Art Basel's Statements section since 1999, has been quietly discontinued.
When
Tue, 16 Jun 2026 19:55:55 GMT · 4h 25m ago
Where
Art Basel (Basel, Switzerland) ·
Why
The cancellation follows Baloise's $10.8bn merger with Helvetia, creating Helvetia Baloise Holdings, which aims to save SFr350m annually.
The Frontline Impact

How this affects you

Artists and galleries in the Statements section, particularly emerging ones, will miss out on significant financial support and recognition, potentially affecting their careers and the diversity of art showcased at Art Basel. The unexpected cancellation has caused frustration among exhibitors who planned for the prize committee's visit.

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