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Culture & Industry4h 24m ago
Dealers 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.
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Art Basel
Who
Art Basel, Baloise, Helvetia Baloise Holdings, Silke Lindner, Sylvie Hayes-Wallace
What
Dealers 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.
When
Tue, 16 Jun 2026 19:55:55 GMT · 4h 24m ago
Where
Art Basel ·
Why
The Baloise Art Prize, sponsored by insurance company Baloise since 1999, was quietly cancelled after Baloise merged with Helvetia in a $10.8bn deal, forming Helvetia Baloise Holdings.
The Frontline Impact
How this affects you
The cancellation of the Baloise Art Prize, which previously awarded SFr30,000 to two artists and donated their work to European museums, removes a significant opportunity for emerging artists and galleries at Art Basel, potentially affecting their exposure and financial support.
Story chain
5 events in this thread- Culture & Industry4h 24m 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 24m 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
- Currently Reading4h 24m 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.
- Culture & Industry4h 24m 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
- Culture & Industry4h 24m agoThe Baloise Art Prize, which supported emerging artists in Art Basel's Statements section since 1999, has been quietly discontinued.Open article