BNP Paribas S.A. exceeds 20% stake in Ageas
On 28 April 2026, BNP Paribas S.A. notified Ageas of its shareholding reaching 24.15%, crossing the legal threshold due to acquisition of voting securities.
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Belgian-rooted international insurance group
ageas.comLast updated
In short: Ageas expanded its market presence through the $1.7 billion acquisition of Esure and by gaining full ownership of its Belgian subsidiary, AG Insurance.
On 28 April 2026, BNP Paribas S.A. notified Ageas of its shareholding reaching 24.15%, crossing the legal threshold due to acquisition of voting securities.
The bancassurance partnership with BNP Paribas Fortis renews for 15 years. Financial targets elevate with increased cash flow and remuneration.
Following acquisition of AG Insurance stake funded by equity placement of 18.5 million shares, outstanding shares increase to 213,938,286. Newly issued shares list on Euronext Brussels on 28 April 2026.
The reports include the Board of Directors' report, consolidated financial statements, and statutory accounts. They highlight 2025 performance and strategic plan progress. Available on ageas.com/en/annual-report-2025.
Belgium-based insurance operator Ageas has finalised its previously announced acquisition of Esure Group, a UK personal lines insurer, from Bain Capital. The nearly £1.3bn ($1.7bn...
Indian private sector lender Federal Bank has announced plans to increase its stake in Ageas Federal Life Insurance (AFLIC) to 30% from the existing 26...
BNP Paribas sells 25% of AG to Ageas and increases in exchange its stake in the parent company of the Belgian insurance company.
The Belgian insurance group Ageas is cutting a lot of jobs in the United Kingdom in the coming years. After the acquisition of Acromas and Esure, Ageas is the...
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