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Culture & Industry4h 25m ago
The 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.
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Basel
Who
Art Basel, Baloise, Helvetia Baloise Holdings, Silke Lindner, Sylvie Hayes-Wallace, Ryan Gander, Haegue Yang, Rhea Dillon, Joyce Joumaa
What
The 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.
When
Tue, 16 Jun 2026 19:55:55 GMT · 4h 25m ago
Where
Basel ·
Why
The Baloise Art Prize was quietly cancelled after Baloise merged with Helvetia, creating Helvetia Baloise Holdings in a $10.8bn deal intended to save SFr350m annually and cut 2,600 jobs.
The Frontline Impact
How this affects you
The cancellation of the Baloise Art Prize removes a significant financial award and museum acquisition opportunity for emerging artists and galleries in the Art Basel Statements section, potentially impacting their visibility and career development.
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
- Currently Reading4h 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.
- 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
- Culture & Industry4h 25m agoThe Baloise Art Prize, which supported emerging artists in Art Basel's Statements section since 1999, has been quietly discontinued.Open article