Report
Benoit Valleaux

Ageas : New three-year strategic plan

>Favourable operational trends - Yesterday evening, Ageas presented its new three-year strategic plan out to 2021, in line with the previous plan with an anticipated improvement in operational performances.Ageas is now targeting a combined ratio of around 96% (vs 97% in the previous three-year plan). We forecast a slightly better combined ratio (around 95%), but Ageas wants to maintain leeway in order to grow commercially (notably in Belgium).In life insuran...
Underlying
Ageas SA/NV

Ageas is an insurance company engaged in providing a range of life and non-life products distributed through a variety of channels. Co. focuses on helping its customers to mitigate risks related to property, casualty, life and pensions. Co. serves its customers through a combination of wholly owned subsidiaries, equity associates and partnerships, with financial institutions and distributors in Belgium, the U.K., Luxembourg, Italy, Portugal, Turkey, France, China, Malaysia, India, Thailand and Hong Kong. Co. is organized into five operating segments: Belgium, U.K., Continental Europe, Asia, and General Account.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

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