Group inflows were up 5% to EUR 5 billion with increases in both Life and Non-Life and across all regions
Life inflows increased by 5% to EUR 3.5 billion driven by new business in China and Unit-Linked in Belgium and Portugal
Non-Life inflows were up 5% to EUR 1.4 billion, increasing across all regions
Combined ratio stood at 96.7%, including 8.5pp impact from adverse weather events in Belgium and the UK
Operating Margin Guaranteed stood at 109 bps and Operating Margin Unit-Linked amounted to 40 bps
Shareholders’ equity amounted to EUR 11.1 billion or EUR 60.03 per share
Group Solvency IIageas ratio remained strong at 203%, well within the Group’s risk appetite and Solvency target
General Account Total Liquid Assets as at 31 March 2022 stood at EUR 1.1 billion
Life Technical Liabilities excl. shadow accounting of the consolidated entities were down 1% compared to end 2021 to EUR 74.4 billion
Acompleteoverviewofthefiguresandcomparisonwithpreviousyearcanbefoundonpage5ofthispressreleaseandontheAgeaswebsite. Key figures and main highlights on the segments can be found in theAnnexes of this press release.
With Impact24 Ageas puts Sustainability at the heart of everything it does, and the Group continues to work hard on its societal engagement. This quarter MSCI upgraded the Group’s rating by one notch to “A” status.
Ageas has been recognised for “Best Sustainable Insurance Solutions (Europe)” by FI.co, a print and online business and finance publication, reflecting a number of different sustainability initiatives at Ageas.
Ageas aims to be a Great place to Grow for its people and its current Top Quartile score on Employee NPS (Net Promotor Score) confirms a strong engagement from its employees, while Ageas’s efforts to promote talent, equality and diversity are resulting in good progress in gender diversity in leadership roles, recognised by European Women on Boards.
Hans De Cuyper, CEO Ageassaid : “I am pleased to see that we have made a good start to the year commercially in both Life and Non-Life and across all regions. In a difficult economic environment, including the on-going impact of Covid in China and of course the conflict at the borders of Europe touching us and the entire world deeply, Ageas is continuing to deliver as a trusted insurer for so many. Even against the background of volatile financial markets, inflation and storms, the business continues to perform on track, giving us confidence for the year ahead”
Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.New York, May 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Anti-Aging Products Industry" - https://www.reportlinker.com/p0109884/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Research Platform -Compl
Nestle SA on Monday said its Nestle Health Science unit has reached a deal to acquire Brazilian organic, natural, plant-based food maker Puravida. The company said in a statement that it sees Puravida's portfolio as complementary to its own, noting it already sells nutritional supplements and protein powders in Brazil and will now be able to expand its local health science business. "This is a great opportunity for us to expand our presence in a sector that is growing globally ... an important step towards advancing in promising market segments that add innovation and technology to our nutrition know-how," Nestle's chief executive in Brazil, Marcelo Melchior, said.
Abstract: What’s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.New York, May 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Tire Pressure Monitoring Systems (TPMS) Industry" - https://www.reportlinker.com/p01375392/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Res
Edin Dzeko Meridian Edin Dzeko Signed Jersey - Meridian Auction LONDON, May 23, 2022 (GLOBE NEWSWIRE) -- For more than 20 years, besides delivering the best entertainment, Meridian Gaming keeps setting new heights in social responsibility, awareness-raising, and community investment projects. Recently, Meridian won the special charity auction to buy a signed Edin Džeko national team jersey to raise donations to support children with spinal muscular atrophy in Southeast Europe. The project intend
FRANKFURT (Reuters) -Siemens Energy on Tuesday said it would reduce management posts by about a third and provide investors with more detail of its business in a bid to become more transparent and nimble. The company, which on Saturday announced a 4.05 billion-euro ($4.32 billion) bid for the remaining stake in wind turbine unit Siemens Gamesa, said no layoffs were planned as part of the move. Siemens Energy said that it would split its gas and power segment into three business areas - gas services, grid technologies and transformation of industry - to let investors better track development of those individual units.
INTRODUCTION According to the World Health Organization (WHO), cancer is the second leading causes of mortality worldwide. In this context, it is important to highlight that around 10 million cancer deaths are reported globally each year.New York, May 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Cell Invasion and Migration Assay Market by Type of Assay, Application Areas, Detection Method Used and Key Geographical Regions : Industry Trends and Global Forecas
Global Automotive Tire Aftermarket Market Global Automotive Tire Aftermarket Market Dublin, May 23, 2022 (GLOBE NEWSWIRE) -- The "Automotive Tire Aftermarket Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Tire Type, Distribution Channel and Rim Size" report has been added to ResearchAndMarkets.com's offering. According to this report the market is expected to grow from US$ 105,869.22 million in 2021 to US$ 159,497.33 million by 2028; it is estimated to grow at a CAGR of 6.0% fr
Mosta, Malta, May 24, 2022 (GLOBE NEWSWIRE) -- Over time, the complexity of blockchain networks increase. People look for easier and simpler ecosystems to use the services without any difficulties. To serve that purpose, Areon is making groundbreaking innovation among blockchain ecosystems. The primary purpose of introducing Areon is to make the global crypto industry fast, reliable and investment-friendly, by solving the major problems that end users face regularly. A new concept: Proof of Area