Moody’s affirms A1 ratings with a Stable Outlook
December 21 2023 - 12:00PM
Moody’s affirms A1 ratings with a Stable Outlook
Moody’s affirms A1 ratings with a Stable
Outlook
On the 21st of December 2023, Moody’s affirms
ageas SA/NV and AG Insurance A1 Insurance Financial Strength Rating
with Stable Outlook.
The A1 Insurance Financial Strength Rating on
ageas SA/NV is based on the financial strength of the entire Ageas
Group and the A1 Insurance Financial Strength Rating on AG
Insurance reflects the company’s strong stand-alone credit
profile.
Ageas is a listed international
insurance Group with a heritage spanning almost 200 years. It
offers Retail and Business customers Life and Non-Life insurance
products designed to suit their specific needs, today and tomorrow,
and is also engaged in reinsurance activities. As one of Europe's
larger insurance companies, Ageas concentrates its activities in
Europe and Asia, which together make up the major part of the
global insurance market. It operates successful insurance
businesses in Belgium, the UK, Portugal, Turkey, China, Malaysia,
India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the
Philippines through a combination of wholly owned subsidiaries and
long-term partnerships with strong financial institutions and key
distributors. Ageas ranks among the market leaders in the countries
in which it operates. It represents a staff force of about 44,000
people and reported annual inflows of more than EUR 16 billion in
2022.
- Pdf version of the press release
Ageas SA NV (EU:AGS)
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