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Ageas to Sell Malaysia Joint Venture Stake for $1.27 Billion
Maybank throughout this period." Ageas said it entered the Malaysian market in 2001 through the JV with Maybank and expanded its activities into Singapore in 2014. The company, ...
Source: BestWire   Date: August 3, 2026
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Ageas Boosts Second-Half Profit With Esure, Nonlife Gains
The acquisition will create a top U.K. personal lines insurer with more than seven million customers and a presence in motor and home insurance, Ageas said at the time. Esure will ...
Source: BestWire   Date: February 25, 2026
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Ageas Re Sees Jan. 1 Renewals Gain, Warns on Softening Market
Ageas Re said it expanded its portfolio and inflows rose 84% at Jan. 1 reinsurance renewals despite what it called a market that softened more rapidly than anticipated as ...
Source: BestWire   Date: January 23, 2026
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Ageas Raises Profit Outlook on China Taiping Development
China Taiping Insurance Holdings. The updated guidance results in a positive one-off impact on deferred taxes included in the full-year 2025 results of Ageas's Chinese joint ...
Source: BestWire   Date: January 19, 2026
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Ageas Acquires Remaining Stake in Belgium's AG From BNP Paribas for $2.21 Billion
Ageas UK earlier completed its acquisition of U.K. insurtech esure Group plc from private equity firm Bain Capital in a cash deal worth £1.295 billion ($1.72 billion) (BestWire, ...
Source: BestWire   Date: December 8, 2025
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Ageas UK Completes $1.74 Billion Acquisition of Insurtech Esure Group
Ageas UK has completed its acquisition of U.K. insurtech esure Group plc from private equity firm Bain Capital in a cash deal worth £1.295 billion ($1.74 billion). The ...
Source: BestWire   Date: September 30, 2025
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Ageas to Acquire UK Insurtech Esure for $1.7 Billion
Belgian insurance group Ageas SA/NV said it will acquire U.K. insurtech esure Group plc from private equity firm Bain Capital for £1.295 billion ($1.7 billion) in a cash ...
Source: BestWire   Date: April 14, 2025
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Ageas Agrees to Acquire Saga Underwriting Business Acromas, Form Affinity Partnership
Ageas SA/NV said it will acquire Saga Services Ltd.'s insurance underwriting business, Acromas Insurance Co. Ltd., and distribute personal lines motor and home insurance to Saga's ...
Source: BestWire   Date: December 17, 2024
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Ageas Directs Reinsurance Underwriting Through New Zurich Branch
Ageas Re, said in a statement on LinkedIn. "For our clients and partners this means no change in terms of security of the risk carrier, the risk carrier continues to be Ageas SA/...
Source: BestWire   Date: November 12, 2024
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Ageas Has Entered Negotiations With UK Over-50 Specialist Saga on Partnership, Acquisition
July 31 across its motor and home insurance products. The deal represents a total cash payment of £147.5 million subject to completion adjustments and with additional contingent ...
Source: BestWire   Date: October 11, 2024
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Ageas Posts 20.9% Rise in First-Half Net Profit
The nonlife combined ratio worsened to 94.1 from 93.3. Significant growth in life was "bolstered by a solid increase in inflows in Asia and a strong recovery in Europe," Chief ...
Source: BestWire   Date: August 28, 2024
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Backed by Honey Insurance, Grocery Retailer Aldi Launches Personal Lines in Australia
Australian shoppers, the company said. Customers can get a quote in three minutes, it said. "With the launch of Aldi Insurance, we're bringing our expertise in competitive pricing ...
Source: BestWire   Date: June 5, 2024
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BNP Paribas Gains 9% Ageas Stake From Fosun for $777 Million
European groups' insurance partnership. The French banking group will make the acquisition through its insurance subsidiary BNP Paribas Cardif, it said in a statement. Ageas ...
Source: BestWire   Date: April 15, 2024
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Twice Rejected, Ageas Stops Pursuing Deal to Acquire Direct Line
Direct Line Insurance Group Plc. Brussels-based Ageas said it regretted the inability to work collaboratively with Direct Line's board on a firm offer. Ageas wouldn't further ...
Source: BestWire   Date: March 22, 2024
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Direct Line CEO Cites Motor Turnaround, Cost Cuts in 2024 Outlook
Direct Line Group and its future prospects." Direct Line's board reiterated confidence in the company's standalone prospects. Brussels-based Ageas submitted the latest nonbinding ...
Source: BestWire   Date: March 21, 2024
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Direct Line Rejects $3.92 Billion Acquisition Bid From Ageas
Ageas SA/NV made a possible offer for U.K. property/casualty insurer Direct Line Group that Ageas said values the target at about approximately £3.1 billion ($3.92 billion). Ageas ...
Source: BestWire   Date: February 28, 2024
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Ageas Completes $196 Million Sale of French Life Insurance, Savings and Pension Business to Carac
Ageas SA/NV said it has completed its French life insurance, savings and pension business sale to mutual La Mutuelle Epargne Retraite Prévoyance Carac in a €185 million ($196 ...
Source: BestWire   Date: September 25, 2023
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Ageas First-Half Net Profit Falls 15.8%, Hurt by Life Segment Decline
Carac to be completed during the current quarter. It will sell Ageas France, Ageas Retraite, Ageas Patrimoine and Sicavonline, which had an International Financial Reporting ...
Source: BestWire   Date: August 31, 2023
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Ageas Agrees to $202.2 Million Sale of French Life Insurance, Savings and Pension Business to Mutual Carac
Ageas said in a statement. Chief Executive Officer Hans de Cuyper recently said Ageas continues to move forward on nonlife and Asian business (BestWire, Feb. 24, 2023). Carac is ...
Source: BestWire   Date: April 21, 2023
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Asia Growth Boosts Ageas Profit, but European Catastrophes Temper Result
Chief Executive Officer Hans de Cuyper said in a statement. A strong operating performance was reported in all regions, he said. Fourth-quarter net result rose to €306.1 million ...
Source: BestWire   Date: February 24, 2023
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