Report
Carine Maciol

Ageas : 2027 strategic plan, continuing with profitable growth

2024 has been a year of considerable newsflow for Ageas, what with BNP taking an initial 10% stake in the group, which it has built up to around 11% currently, an aborted bid for UK insurer Direct Line, the launch in September of a new three-year strategic plan, and this week the start of negotiations with the British group Saga. And it's not over yet, if press rumours of interest in UK insurers are to be believed. - We take the opportunity of this newsflow to showcase this issuer ...
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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