Ageas

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Ageas expands Elevate27 strategy with acquisition of AG Insurance stake and renewed 15-year bancassurance agreement

PRESS RELEASE -- 8, December 2025

(IN BRIEF) Ageas will acquire the remaining 25% shareholding of AG Insurance from BNP Paribas Fortis for EUR 1.9 billion, becoming full owner of Belgium’s largest insurer. The move supports Ageas’s Elevate27 strategy, raises financial targets, and is expected to … Read the full press release