763:
749:
735:
721:
1430:
479:
513:
2181:
623:
609:
583:
569:
707:
693:
679:
665:
651:
597:
527:
637:
2135:
555:
541:
791:
777:
29:
339:
The remaining assets of the company, consisting principally of insurance operations but also including some distressed assets, were rebranded Fortis
Holding. In April 2010 its shareholders agreed a formal change of name to Ageas SA/NV, with ownership of the Fortis brand passing to BNP Paribas.
2169:
1339:
375:
in 2009). Products are sold through independent agents, brokers and financial planners, and through branches of BNP Paribas Fortis and its subsidiary Banque de La Poste/Bank van De Post.
436:
UK insurance operations, boosting its presence in the automobile and home sectors. The deal will see Ageas add another million policyholders in the UK. In 2016, Ageas acquired
1573:
425:. It was established in 1992 by David Holden as the Retirement Insurance Advisory Service, originally offering insurance products from a panel of insurers. RIAS was part of
262:, VSB (Verenigde Spaarbank), and an insurer, AMEV, which followed the end of legislation preventing mergers between banks and insurers. AMEV had originally been founded in
2162:
444:, becoming the second largest insurer by premiums, the third Non-Life insurer (with a 14% market share) and the third largest Life insurer (with a 19% market share).
2716:
285:, establishing subsidiaries internationally, and by 2007 it had become the 20th largest business in the world by revenue. That year Fortis agreed to purchase
2155:
1396:
2147:
925:
1418:
2721:
2203:
1566:
1343:
421:
company that provides car, home, travel and caravan insurance. is a trading name of Ageas Retail
Limited, who are authorised and regulated by the
351:(now Ageas), under the authority of the Dutch Act on Collective Settlement of Mass Claims (Wet Collectieve Afwikkeling van Massaschade) or WCAM.
2062:
1909:
1265:
1771:
1036:
2711:
1726:
1130:
2138:
1711:
822:
402:
in
Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand. In addition, Ageas holds 45% of Royal Park Investments, a
1781:
1559:
854:
344:
298:
226:
2072:
1065:
2706:
2687:
2126:
1942:
1716:
1237:
1097:
1180:
885:
1411:
2092:
1937:
1626:
294:
2302:
1294:
429:
Group, until Fortis adopted an Ageas UK name, reflecting the company's status as a standalone global insurance group.
422:
979:
2383:
2272:
1962:
1621:
1485:
1455:
1495:
1404:
2483:
2453:
1972:
1324:
2468:
911:
2726:
2571:
2363:
1736:
132:
2586:
2581:
2287:
2017:
1914:
1809:
403:
213:. Ageas is Belgium's largest insurer and operates in 13 countries worldwide. The company was renamed from
2488:
2373:
1540:
329:
39:
2591:
2576:
2624:
2348:
2267:
2082:
1957:
1741:
217:
in April 2010 and consists of those insurance activities remaining after the breakup and sale of the
2292:
2388:
2378:
1884:
1721:
1706:
333:
258:
AMEV/VSB to form Fortis. AMEV/VSB had itself been formed earlier that year by the combination of a
2561:
2343:
2257:
2185:
2077:
2042:
1952:
1879:
1756:
1751:
1676:
1631:
916:
411:
395:
382:
Ageas
Insurance International (formerly Fortis Insurance International), through which it is the
368:
321:
278:
218:
76:
2665:
1854:
398:. Ageas Insurance International also operates in France and Hong Kong and holds partnerships or
343:
On July 13, 2018, the
Amsterdam Court of Appeal (Gerechtshof Amsterdam) approved a €1.3 billion
2556:
2505:
2458:
1987:
1967:
1696:
1651:
1460:
418:
387:
57:
1924:
1505:
1475:
2650:
2566:
2495:
2322:
1982:
1551:
1366:
426:
391:
348:
282:
241:
222:
86:
43:
2546:
858:
266:
in 1920 as
Algemeene Maatschappij tot Exploitatie van Verzekeringsmaatschappijen (English:
61:
2634:
2551:
2525:
2520:
2510:
2473:
2448:
1701:
955:
306:
290:
2012:
1072:
1008:
2353:
2297:
2002:
1899:
1874:
1844:
1829:
1671:
1510:
518:
383:
318:
263:
247:
1190:
301:
exacerbated problems with financing its part of the acquisition and prompted fears of
2700:
2433:
2312:
2097:
2057:
2007:
1992:
1947:
1869:
1804:
1646:
1636:
1530:
399:
255:
51:
1340:"Ageas confirms completion of acquisition of AXA's insurance operations in Portugal"
1098:"General Meeting of Shareholders, 28 and 29 April 2010: Speech of Bart De Smet, CEO"
2327:
2236:
2022:
1731:
1661:
1490:
1104:
498:
488:
364:
274:
259:
1212:
1157:
2358:
2189:
2067:
1977:
1889:
1587:
1520:
889:
628:
452:
407:
372:
325:
251:
2530:
2478:
1904:
1894:
1864:
1824:
1789:
1746:
1686:
464:
456:
379:
302:
163:
2670:
2438:
2307:
2226:
2087:
1932:
1656:
1583:
1480:
1135:
921:
614:
588:
574:
448:
206:
144:
1037:"Dutch Court Approves Collective Settlement of Fortis Shareholders' Claims"
2655:
2619:
2614:
2515:
2500:
2428:
2317:
2262:
2252:
2231:
2107:
2052:
1997:
1859:
1839:
1681:
1603:
1500:
1450:
950:
712:
698:
684:
670:
656:
602:
532:
441:
433:
286:
210:
123:
104:
2423:
2112:
2102:
1834:
1799:
1691:
1535:
1525:
1439:
1429:
1185:
1013:
642:
484:
360:
332:
nationalised. In April 2024, it was announced BNP Paribas had acquired
314:
310:
202:
108:
28:
2629:
2463:
2443:
2413:
2368:
2047:
1849:
1666:
1515:
1470:
1435:
560:
546:
460:
65:
2660:
2408:
2277:
1814:
1641:
1616:
1611:
796:
782:
768:
754:
740:
726:
250:
Assurances Générales (now AG Insurance). In 1990 AG took over the
2282:
1766:
1761:
154:
2151:
1555:
1400:
1819:
1266:"RIAS founders target ÂŁ50m GWP with new home insurance broker"
437:
246:
The company's roots are in the 1824 foundation of the
Belgian
1181:"BUY OR SELL-Fortis emerges from legal, shareholder battles"
347:
of claims asserted on behalf of shareholders of the former
980:"BNP Paribas to acquire 9% stake in Belgian insurer Ageas"
842:
1389:
190:
273:
After its creation, Fortis extended its activities to
631:: East West Ageas Life Insurance Corp (50% + 1 share)
1009:"Fortis returns to profit in 2009, unveils new name"
359:
The company is the largest provider of insurance in
2643:
2607:
2600:
2539:
2401:
2336:
2245:
2219:
2212:
2196:
2035:
1923:
1780:
1602:
1595:
186:
173:
161:
150:
140:
114:
100:
92:
82:
72:
49:
35:
336:'s entire 9% stake in Ageas, worth €730 million.
1103:. Fortis Holding. 29 April 2010. Archived from
701:: Muang ThaĂŻ Life Assurance Public Co Ltd (31%)
1238:"Biba 2014: Ageas to overhaul retail division"
2163:
1567:
1412:
502:
492:
8:
1060:
1058:
21:
16:Belgian-listed international insurance Group
785:: Ageas Federal Life Insurance Co Ltd (74%)
232:In 2023, the company had 50,000 employees.
2604:
2216:
2170:
2156:
2148:
2134:
1599:
1574:
1560:
1552:
1419:
1405:
1397:
687:: Muang ThaĂŻ Insurance Public Co Ltd (15%)
268:General Society for Operation of Insurance
27:
20:
757:: Taiping Financial Services Co Ltd (12%)
817:
815:
813:
799:: Royal Sundaram General Insurance (40%)
2204:Financial history of the Dutch Republic
809:
771:: Taiping Reinsurance Co Ltd (HK) (25%)
729:: Taiping Asset Management Co Ltd (20%)
414:assets previously held by Fortis Bank.
330:banking subsidiaries in the Netherlands
2063:General Insurance Corporation of India
1910:Varma Mutual Pension Insurance Company
1772:Western & Southern Financial Group
1323:The Bourne Local (20 September 2012).
1071:. Ageas. 30 April 2010. Archived from
1002:
1000:
928:from the original on 24 September 2008
880:
878:
876:
715:: Fuchsia Venture Capital Co Ltd (31%)
659:: Muang ThaĂŻ Group Holding Co Ltd (8%)
645:: MB Ageas Life Insurance Co Ltd (32%)
2717:Companies listed on Euronext Brussels
945:
943:
743:: Taiping Life Insurance Co Ltd (25%)
617:: Maybank Ageas Holdings Berhad (31%)
535:: Ageas Portugal Holdings SGPS (100%)
386:'s third-largest provider of private
7:
2337:Private banks & asset management
1727:Ohio National Life Insurance Company
1295:"Fortis begins name change to Ageas"
1035:Richman, Jonathan E (14 July 2018).
1007:Blenkinsop, Philip (10 March 2010).
857:. Fortis Real Estate. Archived from
309:", Fortis received an €11.2 billion
2139:List of largest insurance companies
1712:Nationwide Mutual Insurance Company
1131:"B&B and Fortis both in crisis"
1325:"Ageas in ÂŁ116m Groupama takeover"
978:Easton, Jonathan (15 April 2024).
951:"Deal agreed for Euro bank Fortis"
432:In September 2012, Ageas acquired
14:
2073:Instituto de Resseguros do Brasil
1179:Blenkinsop, Philip (8 May 2009).
912:"Fortune Global 500 2007: Fortis"
673:: Muang ThaĂŻ Holding Co Ltd (21%)
96:1990 (as Fortis); 2010 (as Ageas)
2688:List of banks in the Netherlands
2179:
2133:
1428:
789:
775:
761:
747:
733:
719:
705:
691:
677:
663:
649:
635:
621:
607:
595:
581:
577:: Ageas Asia Services Ltd (100%)
567:
553:
539:
525:
511:
477:
1943:China Pacific Insurance Company
1717:New York Life Insurance Company
1129:Dey, Iain (28 September 2008).
447:The Ageas UK head office is in
390:and fourth-largest provider of
2722:Insurance companies of Belgium
823:"Ageas Full Year Results 2023"
406:which manages a portfolio of "
1:
394:through subsidiaries such as
227:financial crisis of 2007-2010
2093:Reinsurance Group of America
1938:China Life Insurance Company
1627:American International Group
295:Royal Bank of Scotland Group
209:company co-headquartered in
2712:Companies based in Brussels
2303:Nederlandse Waterschapsbank
423:Financial Conduct Authority
378:Ageas also wholly owns the
2743:
2384:Theodoor Gilissen Bankiers
2273:Bank Nederlandse Gemeenten
1963:Life Insurance Corporation
1456:Ackermans & van Haaren
1367:"Our locations - Ageas UK"
367:(the remainder is held by
239:
2685:
2121:
1973:MS&AD Insurance Group
1622:American Family Insurance
1446:
886:"History > Precursors"
503:
493:
267:
26:
2484:Klaverblad Verzekeringen
1160:. Royal Park Investments
440:insurance operations in
328:, and its insurance and
317:governments and saw its
299:2007-10 financial crisis
2707:Companies in the BEL 20
2469:De Goudse Verzekeringen
2129:ranking by Total Assets
1737:Progressive Corporation
1312:(subscription required)
1283:(subscription required)
1254:(subscription required)
1041:The National Law Review
888:. Ageas. Archived from
404:special purpose vehicle
2572:ONVZ Zorgverzekeringen
2364:Oyens & van Eeghen
2018:Taikang Life Insurance
1915:Zurich Insurance Group
1810:Assicurazioni Generali
1365:Limited., Ageas (UK).
1338:Ageas (27 June 2016).
504:Royal Park Investments
471:Subsidiaries worldwide
2587:DSW Zorgverzekeringen
2582:Salland Verzekeringen
591:: WeTherapy Ltd (20%)
521:: Ageas UK Ltd (100%)
369:Fortis Bank N.V./S.A.
345:collective settlement
322:operations in Belgium
40:Naamloze vennootschap
2349:Insinger de Beaufort
2268:Amsterdam Trade Bank
1958:Kyobo Life Insurance
1742:Prudential Financial
1043:. Proskauer Rose LLP
491:(75% + 1 share), AG
371:, which was sold to
169:€1.17 billion (2023)
2389:Van Lanschot Kempen
1885:RSA Insurance Group
1722:Northwestern Mutual
1707:National Life Group
1327:. The Bourne Local.
959:. 29 September 2008
451:, with branches in
334:Fosun International
175:Number of employees
157:17.1 billion (2023)
23:
2374:Schretlen & Co
2186:Financial services
2078:Korean Reinsurance
2043:Arch Capital Group
1953:Great Eastern Life
1880:Royal London Group
1757:UnitedHealth Group
1752:Sun Life Financial
1677:Markel Corporation
1632:Berkshire Hathaway
861:on 26 January 2010
396:Kwik Fit Insurance
279:investment banking
219:financial services
77:Financial services
2694:
2693:
2681:
2680:
2592:Zorg en Zekerheid
2577:PNO Ziektenkosten
2397:
2396:
2188:companies of the
2145:
2144:
2131:
2083:Lloyd's of London
2031:
2030:
1988:Ping An Insurance
1968:Meiji Yasuda Life
1697:Mutual of America
1652:CUNA Mutual Group
1549:
1548:
1272:. Insurance Times
1158:"Legal Structure"
1066:"Legal Structure"
563:: Aksigorta (36%)
419:general insurance
412:structured credit
196:
195:
182:
136:
127:
58:Euronext Brussels
2734:
2674:
2625:Bankgirocentrale
2605:
2601:Payment services
2540:Health insurance
2492:
2217:
2184:
2183:
2182:
2172:
2165:
2158:
2149:
2137:
2136:
2123:
2013:T&D Holdings
1983:Income Insurance
1600:
1576:
1569:
1562:
1553:
1433:
1432:
1421:
1414:
1407:
1398:
1393:
1392:
1390:Official website
1375:
1374:
1362:
1356:
1355:
1353:
1351:
1346:on 3 August 2016
1342:. Archived from
1335:
1329:
1328:
1320:
1314:
1313:
1310:
1308:
1306:
1301:. 4 October 2010
1291:
1285:
1284:
1281:
1279:
1277:
1262:
1256:
1255:
1252:
1250:
1248:
1234:
1228:
1227:
1225:
1223:
1209:
1203:
1202:
1200:
1198:
1189:. Archived from
1176:
1170:
1169:
1167:
1165:
1154:
1148:
1147:
1145:
1143:
1126:
1120:
1119:
1117:
1115:
1109:
1102:
1094:
1088:
1087:
1085:
1083:
1077:
1070:
1062:
1053:
1052:
1050:
1048:
1032:
1026:
1025:
1023:
1021:
1004:
995:
994:
992:
990:
975:
969:
968:
966:
964:
947:
938:
937:
935:
933:
908:
902:
901:
899:
897:
892:on 21 April 2011
882:
871:
870:
868:
866:
851:
845:
840:
834:
833:
827:
819:
795:
793:
792:
781:
779:
778:
767:
765:
764:
753:
751:
750:
739:
737:
736:
725:
723:
722:
711:
709:
708:
697:
695:
694:
683:
681:
680:
669:
667:
666:
655:
653:
652:
641:
639:
638:
627:
625:
624:
613:
611:
610:
601:
599:
598:
587:
585:
584:
573:
571:
570:
559:
557:
556:
549:: AgeSA SA (40%)
545:
543:
542:
531:
529:
528:
517:
515:
514:
506:
505:
496:
495:
483:
481:
480:
392:travel insurance
363:, owning 75% of
283:asset management
269:
242:Fortis (finance)
180:
130:
121:
31:
24:
2742:
2741:
2737:
2736:
2735:
2733:
2732:
2731:
2697:
2696:
2695:
2690:
2677:
2668:
2639:
2635:EquensWorldline
2596:
2535:
2486:
2449:Centraal Beheer
2393:
2354:Kempen & Co
2332:
2241:
2208:
2192:
2180:
2178:
2176:
2146:
2141:
2132:
2117:
2027:
1919:
1855:Mutua Madrileña
1776:
1702:Mutual of Omaha
1591:
1580:
1550:
1545:
1442:
1427:
1425:
1388:
1387:
1384:
1379:
1378:
1371:www.ageas.co.uk
1364:
1363:
1359:
1349:
1347:
1337:
1336:
1332:
1322:
1321:
1317:
1311:
1304:
1302:
1293:
1292:
1288:
1282:
1275:
1273:
1270:Insurance Times
1264:
1263:
1259:
1253:
1246:
1244:
1242:Insurance Times
1236:
1235:
1231:
1221:
1219:
1211:
1210:
1206:
1196:
1194:
1193:on 17 July 2012
1178:
1177:
1173:
1163:
1161:
1156:
1155:
1151:
1141:
1139:
1128:
1127:
1123:
1113:
1111:
1107:
1100:
1096:
1095:
1091:
1081:
1079:
1075:
1068:
1064:
1063:
1056:
1046:
1044:
1034:
1033:
1029:
1019:
1017:
1006:
1005:
998:
988:
986:
977:
976:
972:
962:
960:
956:BBC News Online
949:
948:
941:
931:
929:
910:
909:
905:
895:
893:
884:
883:
874:
864:
862:
853:
852:
848:
841:
837:
825:
821:
820:
811:
806:
790:
788:
776:
774:
762:
760:
748:
746:
734:
732:
720:
718:
706:
704:
692:
690:
678:
676:
664:
662:
650:
648:
636:
634:
622:
620:
608:
606:
596:
594:
582:
580:
568:
566:
554:
552:
540:
538:
526:
524:
512:
510:
497:(subsidiary of
478:
476:
473:
357:
307:too big to fail
291:Banco Santander
244:
238:
176:
166:
129:Hans De Cuyper
128:
117:
64:
54:
44:Société anonyme
17:
12:
11:
5:
2740:
2738:
2730:
2729:
2727:Belgian brands
2724:
2719:
2714:
2709:
2699:
2698:
2692:
2691:
2686:
2683:
2682:
2679:
2678:
2676:
2675:
2663:
2658:
2653:
2647:
2645:
2641:
2640:
2638:
2637:
2632:
2627:
2622:
2617:
2611:
2609:
2602:
2598:
2597:
2595:
2594:
2589:
2584:
2579:
2574:
2569:
2564:
2559:
2554:
2549:
2543:
2541:
2537:
2536:
2534:
2533:
2528:
2523:
2518:
2513:
2508:
2503:
2498:
2493:
2481:
2476:
2471:
2466:
2461:
2456:
2451:
2446:
2441:
2436:
2431:
2426:
2421:
2416:
2411:
2405:
2403:
2399:
2398:
2395:
2394:
2392:
2391:
2386:
2381:
2376:
2371:
2366:
2361:
2356:
2351:
2346:
2340:
2338:
2334:
2333:
2331:
2330:
2325:
2320:
2315:
2310:
2305:
2300:
2298:Friesland Bank
2295:
2293:ELQ Hypotheken
2290:
2288:De Lage Landen
2285:
2280:
2275:
2270:
2265:
2260:
2255:
2249:
2247:
2243:
2242:
2240:
2239:
2234:
2229:
2223:
2221:
2214:
2210:
2209:
2207:
2206:
2200:
2198:
2194:
2193:
2177:
2175:
2174:
2167:
2160:
2152:
2143:
2142:
2122:
2119:
2118:
2116:
2115:
2110:
2105:
2100:
2095:
2090:
2085:
2080:
2075:
2070:
2065:
2060:
2055:
2050:
2045:
2039:
2037:
2033:
2032:
2029:
2028:
2026:
2025:
2020:
2015:
2010:
2005:
2003:SOMPO Holdings
2000:
1995:
1990:
1985:
1980:
1975:
1970:
1965:
1960:
1955:
1950:
1945:
1940:
1935:
1929:
1927:
1921:
1920:
1918:
1917:
1912:
1907:
1902:
1897:
1892:
1887:
1882:
1877:
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1845:LähiTapiola
1588:reinsurance
1047:7 September
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804:References
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465:Manchester
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380:subsidiary
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164:Net income
116:Key people
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1933:AIA Group
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1590:companies
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1481:Cofinimmo
1434:Selected
1136:The Times
922:CNN Money
855:"History"
843:main page
830:ageas.com
615:Singapore
589:Hong Kong
575:Hong Kong
449:Eastleigh
313:from the
207:insurance
145:Insurance
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1998:Singlife
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211:Brussels
141:Products
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2197:History
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2103:SCOR SE
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1800:Allianz
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1014:Reuters
917:Fortune
643:Vietnam
485:Belgium
361:Belgium
315:Benelux
311:bailout
281:and to
275:private
264:Utrecht
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783:India
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755:China
741:China
727:China
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1900:Suva
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1586:and
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