Suki Seokyeong Kang and Lawrence Abu Hamdan have been awarded the 2018 Baloise Art Prize, bestowed annually upon two emerging artists exhibited in the “Statements” sector at Art Basel in Switzerland. The roughly $30,000 prize celebrates its twentieth anniversary this year. The prize is sponsored by the Switzerland’s Bâloise insurance company, which also offers funding for winning artist’s debut museum solo exhibitions. The 2018 prize was juried by Marie-Noëlle Farcy, curator and head of collection at the Musée d’Art Moderne Grand-Duc Jean in Luxembourg; Gabriele Knapstein, director of the Hamburger Bahnhof in Berlin; Martin Hatebur, the president of Basler Kunstverein and Kunsthalle Basel; Philippe Pirotte, the rector of Städelschule Frankfurt; and Martin Schwander, the artistic advisor to Bâloise and the jury’s chairman.