Ageas NV - Company Profile
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Ageas NV (Ageas) is an international insurance group involved in providing a range of insurance products and services. The company's main activities include offering life, non-life, and health insurance, as well as reinsurance services. Ageas's major products encompass savings and investment solutions, pension plans, and microinsurance offerings. The company serves retail and business customers, providing solutions tailored to various needs across different industries. Ageas operates through a combination of wholly owned subsidiaries and long-term partnerships with financial institutions and key distributors. Its geographic presence spans Europe and Asia, targeting markets in countries such as Portugal, China, India, and Malaysia. Ageas is headquartered in Brussels, Belgium.
Headquarters
Belgium
Address
Avenue Du Boulevard 21, Bruxelles, 1210
Website
www.ageas.com
Telephone
32 2 5575711
No of Employees
21,565
Industry
Financial Services
Ticker Symbol & Exchange
AGS (EBR)
Revenue (2024)
$11.0B
10%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
53.1%
(2024 vs 2023)
Market Cap*
$18.3B
Net Profit Margin (2024)
XYZ
39.2%
(2024 vs 2023)
* As of and is in US$
Ageas NV premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Vehicle Insurance | Claims Settlements | Ageas |
| Home Insurance | Insurance Advisory Services | |
| Family Protection Insurance | Pension Planning | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, the company entered into an agreement to sell its 30.95% stake in Maybank Ageas Holdings Berhad to Maybank. |
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired the remaining stake in AG Insurance SA/NV. |
| 2026 | New Products/Services | In March, Taiping Life Insurance launched Beidou (the Big Dipper), an AI-powered sales management platform. |
Competitor Comparison
| Key Parameters | Ageas NV | Allianz SE | Zurich Insurance Group Ltd | Assicurazioni Generali SpA | Aviva Plc |
|---|---|---|---|---|---|
| Headquarters | Belgium | Germany | Switzerland | Italy | United Kingdom |
| City | Bruxelles | Munich | Zuerich | Trieste | London |
| State/Province | - | Bayern | Zurich | Friuli-Venezia Giulia | England |
| No. of Employees | 21,565 | 156,875 | 65,000 | 88,000 | 39,359 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bart De Smet | Chairman | Executive Board | 2020 | 69 |
| Hans De Cuyper | Chief Executive Officer; Director | Executive Board | 2020 | 57 |
| Wim Guilliams | Director; Chief Financial Officer | Executive Board | 2023 | 53 |
| Christophe Vandeweghe | Director; Chief Risk Officer | Executive Board | - | - |
| Emmanuel Van Grimbergen | Managing Director - Reinsurance and Investments | Senior Management | 2024 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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