Ageas

Ageas SA/NV is a Belgian multinational security association co-headquartered in Brussels. Ageas is Belgium's most noteworthy move down course of action and works in 14 nations around the world. The affiliation was renamed from Fortis Holding in April 2010 and incorporates those protection works on staying after the separation and offer of the money related associations group Fortis amidst the monetary emergency of 2007-2010.

The affiliation's roots reach back to the 1824 establishment of the Belgian life financier Assurances Générales (now AG Insurance). In 1990 AG expected control over the Netherlands-based bancassurer AMEV/VSB to diagram Fortis. AMEV/VSB had itself been shaped before that year by the blend of hypothesis resources bank VSB (Verenigde Spaarbank) and go down course of action AMEV, which mishandled the late extricating up of Dutch foundation dismissing mergers amongst banks and security net suppliers. AMEV had at first been set up in Utrecht in 1920 as Algemeene Maatschappij tot Exploitatie van Verzekeringsmaatschappijen (English: General Society for Operation of Insurance).

After its creation in 1990, Fortis extended its offerings to circuit private and hypothesis saving money and resource association, setting up fortifications around the globe, and by 2007 it had changed into the twentieth most noteworthy business on the planet by revenue.[5] That year Fortis consented to ordinarily buy ABN AMRO with Banco Santander and Royal Bank of Scotland Group, however the onset of the major budgetary emergency exacerbated issues with financing its part of the expansive acquisition and influenced fears of drawing closer commitment. Considered "exorbitantly monstrous, making it unsuitable to fall level", Fortis got a €11.2 billion bailout from the Benelux governments and saw its retail managing a record operations in Belgium sold to BNP Paribas and its affirmation and saving trade fortifications out the Netherlands nationalized.


The remaining resources of the affiliation, including basically of protection operations moreover including some angry resources, were rebranded Fortis Holding. In April 2010 its shareholders concurred a formal change of name to Ageas SA/NV, with commitment in regards to Fortis brand going to BNP Paribas.

The affiliation is the best supplier of security in Belgium, owning 75% of AG Insurance (whatever is left of held by Fortis Bank N.V./S.A., which was sold to BNP Paribas in 2009). Things are sold through free experts, go betweens and budgetary facilitators, and through branches of BNP Paribas Fortis and its partner Banque de La Poste/Bank van De Post.