The Baloise Art Prize is a prize awarded to two people each year at "Art Statements" sector of the international Art Basel fair.
[1] The prize is awarded by the Bâloise group (insurance and banking), a company that works to promote contemporary, emerging art.
The Prize has been in existence since 1999.
Each winner receives CHF 30,000.
[2] The winners' acquired works are then donated to a museum in Germany – either the Hamburger Bahnhof – Museum für Gegenwart in Berlin[3] or the Museum für Moderne Kunst in Frankfurt –[4] and the Mudam (Musée d’Art Moderne Grand-Duc Jean), Luxembourg.