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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.
Story chain
5 events in this thread- Culture & Industry4h 25m agoThe Baloise Art Prize, which has supported emerging artists at Art Basel's Statements section since 1999, was quietly canceled just days before the fair opened.Open article
- Culture & Industry4h 25m agoThe Baloise Art Prize, which annually awarded two emerging artists SFr30,000 and donated their works to European museums, has been discontinued, surprising dealers participating in Art Basel’s Statements section.Open article
- Culture & Industry4h 25m agoDealers participating in Art Basel’s Statements section for emerging galleries discovered just days before the fair opened that the long-running Baloise Art Prize has been discontinued.Open article
- Culture & Industry4h 25m agoDealers participating in Art Basel’s Statements section were informed days before the fair opened that the Baloise Art Prize, providing two SFr30,000 awards to emerging artists and donating their works to European museums, has been discontinued.Open article
- Currently Reading4h 25m agoThe Baloise Art Prize, which supported emerging artists in Art Basel's Statements section since 1999, has been quietly discontinued.