Ageas : Good resilience at the insurance activities anticipated
>Anticipated decline in the net result in life insurance... - Ageas is due to report its Q3 2020 earnings on Friday 13 November. We forecast a net result in life insurance of € 143m (-21.4%), in line with the consensus (€ 142m). Our forecast is based on: an increase in the net result in life insurance in Belgium (+11% est.) to € 74m benefiting from an increase in realised capital gains (the group announced capital gains on property assets of around € 30m in Q3), an in...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.
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.
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