Report
Carine Maciol

Ageas : The solid European core and the dynamism of Asia are an effective mix during the crisis

Ageas proved the resilience of its underlying profitability in 2020, underpinned by its diverse business model and strong balance sheet. These strengths were cheered by Moody's and S&P with one-notch upgrades of their ratings in November 2020. - In these early months of 2021, though the pandemic is still spreading in Europe, Ageas has virtually no direct exposure to covid, and the expansion of the Asian business is continuing apace. The group remains confident of generating annual...
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
Carine Maciol

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