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Ageas SA (AGES.BR)

AGES.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ageas says AG Real Estate acquires company holding lease rights to IT Tower
Wednesday, 22 Feb 2017 07:03am EST 

Ageas Sa :Ag real estate acquires the company holding the long-term lease rights to the IT Tower in Brussels.  Full Article

Ageas announces additional support for Fortis settlement from Archand
Tuesday, 21 Feb 2017 12:12pm EST 

Ageas SA :Reached an agreement with the Luxembourg company Archand s.à.r.l. and affiliated persons ("Archand") to support the Fortis settlement.  Full Article

Ageas says exceptional items in UK and Asia impact Q4 result
Tuesday, 7 Feb 2017 01:30am EST 

Ageas SA : Exceptional items in UK and in Asia impact Q4 2016 result . Announced that its Q4 2016 result will be negatively impacted by exceptional items totalling 137 million euros ($146.56 million) . In UK, restructuring cost for announced closure of Glasgow office is 27 million euros . In Asia, equity impairments amounted to 30 million euros .Proposed dividend of 2.10 euro per share.  Full Article

Ageas reports 9M group net result at 118 million euros
Wednesday, 16 Nov 2016 01:30am EST 

Ageas Sa : 9M insurance net profit up 31 pct to 803 million euros versus 613 million euros . Reuters Poll Q3: net insurance profit 185 million euros, net profit 166 million euros . 9M general account net result of 686 million euros negative versus 14 million euros negative . 9M insurance Solvency II Ageas ratio 181 pct and group Solvency II Ageas ratio 199 pct . 9M group net result 118 million euros versus 599 million euros . 9M life inflows up 11 pct to 19.9 billion euros and non-life stable at 4.8 billion euros (both at 100pct) . Total liquid assets in the general account increased from 1.6 billion euros at the end of 2015 to 2.0 billion euros at end Q3 . Belgium combined ratio stood at 97.1 pct. Barring the Brussels terrorism events, the combined ratio would have been a very solid 94.3 pct . On Fortis settlement: "On 24 March 2017, a public hearing will take place after which the Court of Amsterdam will take a decision on the binding declaration of the settlement" .UK year-on-year net profit down 17 percent as a result of adverse weather in June, and the significantly lower exchange rate..  Full Article

Ageas says next step in Fortis settlement procedure is a public hearing
Tuesday, 27 Sep 2016 01:30am EDT 

Ageas SA : Ageas announces next step in Fortis settlement procedure: public hearing .On 24 March 2017, Amsterdam court of appeal will organise a public hearing as part of procedure to declare Fortis settlement agreement of 14 March 2016 binding.  Full Article

Ageas Q2 life insurance profits grow
Wednesday, 10 Aug 2016 01:42am EDT 

Ageas SA : Q2 life net profit attributable to shareholders is 361.0 million euros ($402.62 million) versus euros 234.5 million euros year ago . Q2 non-life insurance net profit attributable to shareholders is 46.0 million euros versus 71.5 million euros a year ago . Q2 group inflows (at 100 percent) total 7.23 billion euros versus 6.62 billion euros a year ago . H1 group inflows (at 100 pct) at 18.3 billion euros, up 10 pct (including 4 pct negative foreign exchange impact) . H1 insurance solvency II ageas ratio at 183 pct and group solvency II at 209 pct . Q2 insurance net profit attributable to shareholders is 407 million euros versus 392 million euros in Reuters poll . Q2 group net profit attributable to shareholders is 566 million euros versus 585 million euros in Reuters poll . H1 group net result at 67 million euros negative versus 469 million euros .H1 shareholders' equity at 10.3 billion euros or 49.59 euros per share.  Full Article

Ageas to start 250 mln euro share buyback programme
Wednesday, 10 Aug 2016 01:20am EDT 

Ageas SA : Announces new share buy-back programme . To initiate a new share buy-back programme of its outstanding common stock for an amount of 250 million euros ($278.78 million) .Share buy-back programme will start on August 15, 2016 and will run up to August 4, 2017.  Full Article

Ageas completes its 250 million euros share buy-back programme
Monday, 8 Aug 2016 11:40am EDT 

Ageas SA : Ageas completes its 250 million euros ($276.78 million) share buy-back programme .Between 17 August 2015 and 5 August 2016, Ageas has bought back 6,977,544 shares corresponding to 3.22 pct of total shares outstanding.  Full Article

Ageas updates on Fortis settlement
Monday, 27 Jun 2016 11:56am EDT 

Ageas SA : Ageas announces further important support for Fortis settlement . Has also reached an agreement with Mr. Geert Lenssens, of the Brussels-based law firm SQ Law . Lenssens' endorsement of settlement does not impact size of settlement .An amount of 1,204 million euros ($1.33 billion) has been agreed upon to compensate eligible shareholders.  Full Article

Ageas says Fortis settlement agreement submitted today to the Amsterdam court of appeal
Monday, 23 May 2016 02:15am EDT 

Ageas SA NV : Fortis settlement agreement submitted today to the Amsterdam court of appeal . Parties will file a request today with amsterdam court of appeal to declare settlement binding in accordance with dutch act on collective settlement of mass claims .The parties: Ageas, Stichting FORsettlement and the claimants' organisations, Dutch shareholder Association VEB, Stichting Investor Claims Against Fortis (SICAF), Stichting FortisEffect and Deminor.  Full Article

BRIEF-IGT signs cross-licensing agreement with AGS

* International Game Technology - Under agreement, AGS can offer games including patented features from IGT portfolio, and will pay licensing fees to IGT Source text for Eikon: Further company coverage: