About ageas SA/NV

Ageas SA/NV operates as an insurance company primarily in Europe and Asia. The company focuses on property, casualty, life and pensions. It offers a range of life and non-life products - accessible through a range of channels. Segments The company’s segments include Belgium; United Kingdom (UK); Continental Europe; Asia; and General Account. Belgium The Belgian insurance activities, operating under the name of AG Insurance, have a longstanding history. The company serves approximately 3.5 million customers. AG Insurance is also the 100% owner of AG Real Estate, which manages its real estate activities and has grown into the major real estate group in Belgium. AG Insurance targets private individuals, as well as small, medium sized and large companies. It offers its customers a comprehensive range of Life and Non-life insurance through various channels, such as independent brokers and via the bank channels of BNP Paribas Fortis SA/NV and its subsidiaries. UK Ageas’s business in the UK is a national provider of Nonlife insurance solutions. The UK business has a strong presence in the personal lines market and is continuing to expand its commercial lines proposition. The UK business is the affinity partner of a number of brands, including Tesco Bank, John Lewis Partnership, Age UK and Toyota (GB) Limited. The UK business adopts a multi-channel distribution strategy across brokers, affinity partners and own distribution. Its 100% owned subsidiaries include Ageas 50 (former RIAS and Castle Cover), which have over a million customers in the growing 50-plus market segment and Ageas Insurance Solutions, which provides white label solutions to affinity partners, outsourcing services, as well as direct Internet promotion of its own brands. Continental Europe Continental Europe consists of the insurance activities of Ageas in Europe, excluding Belgium and the United Kingdom. Ageas is active in five markets: Portugal, France, Italy and Luxembourg and since 2011 Turkey, the product range includes Life (in Portugal, France and Luxembourg) and Non-life (in Portugal, Italy and Turkey). Asia Ageas is active in various countries in Asia with its regional office and the fully owned subsidiary both based in Hong Kong. The other activities are organised in the form of joint ventures with leading local partners and financial institutions in China (20-24.9% owned by Ageas), Malaysia (30.95% owned by Ageas), Thailand (15-31% owned by Ageas), India (26% owned by Ageas) and the Philippines (25% owned by Ageas). General Account The General Account comprises activities not related to the core insurance business, such as Group financing and other holding activities. In addition, the General Account also includes the investment in Royal Park Investments, Ageas’s internal Non-life reinsurer Intreas, the liabilities related to CASHES/RPN and the written put option on AG Insurance. History Ageas SA/NV was founded in 1824.