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ageas SA/NV (AGESY)

Other OTC - Other OTC Delayed price. Currency in USD
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62.92-0.65 (-1.02%)
At close: 3:45PM EDT
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Previous close63.57
Bid0.00 x 0
Ask0.00 x 0
Day's range62.65 - 63.23
52-week range32.02 - 63.66
Avg. volume2,219
Market cap11.758B
Beta (5Y monthly)0.86
PE ratio (TTM)8.55
EPS (TTM)7.36
Earnings dateN/A
Forward dividend & yield5.58 (8.77%)
Ex-dividend date03 Nov 2020
1y target est60.79
  • Ageas SA/ NV (AGESY) Q1 2021 Earnings Call Transcript
    Motley Fool

    Ageas SA/ NV (AGESY) Q1 2021 Earnings Call Transcript

    As usual, I'm joined in the room by my colleagues of the Executive Committee, Christophe Boizard, CFO; Emmanuel Van Grimbergen, CRO;Antonio Cano, Managing Director, Europe, and Filip Coremans, Managing Director, Asia. So we will do our best to keep this call short.

  • Globe Newswire

    Ageas reports good first quarter results 2021

    Ageas reports good first quarter results 2021 Good start to the yearAll segments contributing to the strong net resultSound commercial performance in both Life and Non-Life Net Result The Group net result was EUR 296 million driven by a solid operating performance in both Life and Non-LifeInsurance net result increased from EUR 113 million to EUR 318 millionNet result in Non-Life amounted to EUR 91 million compared to EUR 24 million in last years’ first quarterLife net result of EUR 227 million compared to EUR 89 million last year Inflows The Group inflows (at 100%) were up 6% to EUR 12.6 billionLife inflows (at 100%) were up 4% to EUR 10.4 billion driven by Asia and BelgiumNon-Life inflows (at 100%) were signicantly up to EUR 2.2 billion including EUR 355 million contribution of Taiping Re OperatingPerformance Excellent Combined ratio at 91.7%Operating Margin Guaranteed at 92 bps and Operating Margin Unit-Linked at 34 bps. Both margins within the target range Balance Sheet Shareholders’ equity at EUR 11.7 billion or EUR 62.71 per shareGroup Solvency IIageas ratio remained strong at 195%General Account Total Liquid Assets as at 31 March 2021 at EUR 1.2 billionLife Technical Liabilities excl. shadow accounting of the consolidated entities up 1% compared to end 2020 to EUR 74 billion A complete overview of the figures and comparison with previous year can be found on page 5 of this press release and on the Ageas website. Key figures and main highlights on the segments can be found in the Annexes of this press release Ageas CEO Hans De Cuyper said: “Both commercially and operationally, Ageas performed strongly in the first quarter of 2021. The growth in inflows both in Life and Non-Life and the overall solid operating performance reflects the resilience of our business and our people in a world still affected by Covid. The strong first-quarter performance gives us confidence that we can strengthen our guidance to EUR 900 – 950 million.” “We have also welcomed new colleagues from AvivaSA in Turkey. The investment we made in AvivaSA, provides us with a balanced Life and Non-Life presence in the fast-growing Turkish market. And in the UK, we say goodbye but also thank you to the employees of Tesco Underwriting, wishing them every success in the future development of their business.” Attachment Read the full press release

  • Globe Newswire

    Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV

    Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV Since the quorum required for the Extraordinary General Meeting of Shareholders of 22 April 2021 will not be attained, ageas SA/NV is organising the Ordinary and Extraordinary Meeting of Shareholders (the "Meeting") on Wednesday 19 May 2021 at 10:30 a.m. The Meeting is being held at The Egg, Barastraat 175, 1070 Brussels, and is being organised in accordance with the Corona measures applicable on the day of the Meeting. Shareholders are advised to consult the Ageas website ( for any additional information on this subject. If the current measures remain unchanged, it will not be permitted to physically attend the Meeting. In that case, registered shareholders who have indicated that they wish to vote online will be able to follow the Meeting via a webcast. They are invited to consult in advance the Ageas website, where the procedure to log in for the webcast will be published. Ageas will provide registered shareholders who wish to vote online with individual login details at least 24 hours prior to the Meeting, based on the information available to the company. Shareholders can also vote using the proxy form or the voting form available on the Ageas website. The general conditions for participating in the Meeting are available on the ageas website. The following documents about the Meeting can also be viewed here: the convening notice, together with the agenda containing the items: the discharge of liability,the approval of the annual report and accounts for 2020, the approval of the remuneration report, the dividend,the proposals for the appointment and reappointment of Board members, and the reappointment of PwC Certified Auditors/PwC Auditors as statutory auditors for a period of 3 years. the approval of proposed amendments to the Articles of Association; andthe special reports of the Board. Shareholders will be able to register, vote and ask questions at the Meeting if, on the date of registration, they hold the number of shares for which they have indicated their intention to exercise their voting rights and ask questions, irrespective of the number of shares they hold on the day of the Meeting. The registration date is 5 May 2021 at midnight (CET). Shareholders who wish to attend the Meeting must make their intentions known no later than 16 May 2020 by communicating their instructions to the company, their bank or their financial institution. The voting forms and the proxies with which shareholders can pass on their voting instructions must be in the company's possession no later than by 16 May 2021.Questions about this Meeting can be e-mailed to is a listed international insurance Group with nearly 200 years of expertise and experience. It offers Retail and Business customers Life and Non-Life products that meet their specific needs, not just for today but also for tomorrow. Ageas, one of the largest insurance companies in Europe, is mainly active in Europe and Asia, which together make up the majority of the global insurance market. Through a combination of wholly-owned subsidiaries and long-term partnerships with strong financial institutions and key distributors, Ageas successfully operates in Belgium, the UK, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore and the Philippines, and is among the market leaders in most countries where it is represented. Ageas has some 45,000 employees, and inflows amounted to around EUR 36 billion (all figures at 100%) in 2020. Attachment Attachment Pdf version of the press release