Reinsurance News
Ageas
Fosun considers acquisition of Belgian re/insurer Ageas
26th July 2018
Fosun International Ltd., the Chinese conglomerate and investment company, is considering an acquisition of Belgian re/insurer Ageas in order to expand its international footprint, according to sources at Bloomberg. The Shanghai-based company is also reportedly discussing alternative options with advisors, such as splitting Ageas with an acquisition partner or increasing its ... Read the full article
Ageas obtains regulatory approval to begin reinsurance activities
2nd July 2018
Brussels-headquartered multinational insurer Ageas has received regulatory approval from the National Bank of Belgium (NBB) to begin organising and operating reinsurance activities. Ageas said that operating as a reinsurer would increase the fungibility of capital within the Group, providing it with higher flexibility and agility to implement its strategy. The announcement follows ... Read the full article
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