Ageas Overview
- Year Founded
-
1823
- Status
-
Public
- Employees
-
54,623
- Stock Symbol
-
AGS
- Investments
-
32
- Share Price
-
$87.93
- (As of Thursday Closing)
Ageas General Information
Description
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it, Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance businesses, which later became Ageas.
Contact Information
Website
www.ageas.comCorporate Office
- Avenue du Boulevard 21
- 1210 Brussels
- Belgium
Corporate Office
- Avenue du Boulevard 21
- 1210 Brussels
- Belgium
Ageas Timeline
Ageas Stock Performance
As of 12-Nov-2026, Ageas’s stock price is $87.93. Its current market cap is $18.4B with 209M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $87.93 | $88.17 | $65.16 - $89.44 | $18.4B | 209M | 289K | $11.36 |
Ageas Financials Summary
As of 30-Jun-2026, Ageas has a trailing 12-month revenue of $13.1B.
|
In Thousands, USD |
TTM 30-Jun-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 |
|---|---|---|---|---|
| EV | 26,190,049 | 19,392,532 | 15,097,428 | 15,640,123 |
| Revenue | 13,126,859 | 10,201,687 | 9,346,088 | 8,526,754 |
| EBITDA | 3,562,555 | 3,210,305 | 2,371,961 | 2,166,315 |
| Net Income | 2,194,226 | 1,931,147 | 1,209,787 | 1,031,218 |
| Total Assets | 125,420,497 | 125,769,963 | 102,449,506 | 106,884,430 |
| Total Debt | 10,721,096 | 10,959,194 | 7,080,051 | 7,898,082 |
Ageas Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ageas Comparisons
Industry
Financing
Details
Ageas Competitors (3)
One of Ageas’s 3 competitors is Aegon, a Corporation company based in Schiphol, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Aegon | Corporation | Schiphol, Netherlands | ||||
| Assicurazioni Generali | Corporate Backed or Acquired | Trieste, Italy | ||||
| Zurich Insurance Group | Corporation | Zurich, Switzerland |
Ageas Signals
Ageas Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ageas Investments & Acquisitions (32)
Ageas’s most recent deal was a Merger/Acquisition with AG Insurance for . The deal was made on 28-Apr-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| AG Insurance | 28-Apr-2026 | Merger/Acquisition | Multi-line Insurance | ||
| Taiping Pension Insurance | 31-Mar-2025 | Secondary Transaction - Private | Other Insurance | ||
| Millenniumbcp Ageas | 26-May-2024 | Merger/Acquisition | Insurance Brokers | ||
| Royal Park Investments | 20-Jul-2023 | Secondary Transaction - Private | Other Financial Services | ||
| Trendtracker | 30-Sep-2022 | Early Stage VC | Business/Productivity Software |
Ageas ESG
Risk Overview
Risk Rating
Updated November, 04, 2026
12.55 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 13,585
Rank
Percentile
Insurance
Industry
of 302
Rank
Percentile
Diversified Insurance Services
Subindustry
of 69
Rank
Percentile
Ageas Exits (5)
Ageas’s most recent exit was on 30-Dec-2014 from Intesa Sanpaolo Assicura. The exit was categorized as with 2 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Intesa Sanpaolo Assicura | 30-Dec-2014 | Completed |
|
||
| Intesa Sanpaolo Assicura | 29-Dec-2009 | Completed |
|
||
| FTLife Insurance Company | 15-Jun-2007 | Completed |
|
||
| myLife Lebensversicherung | 31-Oct-2006 | Completed |
|
||
| Maybank Ageas Holdings | 01-Jan-2001 | Joint Venture | Completed |
|
Ageas Affiliates
Subsidiaries (10)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Ageas Insurance International | Sint-Joost-Ten-Node, Belgium | 2016 | |
| Ageas Federal Life Insurance | Mumbai, India | 2007 | |
| SicavOnline | Paris, France | 1999 | |
| Médis - Companhia Portuguesa de Seguros de Saúde | Lisbon, Portugal | 1996 | |
| Rusthuis Avondvrede | Mechelen, Belgium | 1992 |
Ageas FAQs
-
When was Ageas founded?
Ageas was founded in 1823.
-
Where is Ageas headquartered?
Ageas is headquartered in Brussels, Belgium.
-
What is the size of Ageas?
Ageas has 54,623 total employees.
-
What industry is Ageas in?
Ageas’s primary industry is Multi-line Insurance.
-
Is Ageas a private or public company?
Ageas is a Public company.
-
What is Ageas’s stock symbol?
The ticker symbol for Ageas is AGS.
-
What is the current stock price of Ageas?
As of 12-Nov-2026 the stock price of Ageas is $87.93.
-
What is the current market cap of Ageas?
The current market capitalization of Ageas is $18.4B.
-
What is Ageas’s current revenue?
The trailing twelve month revenue for Ageas is $13.1B.
-
Who are Ageas’s competitors?
Aegon, Assicurazioni Generali, and Zurich Insurance Group are competitors of Ageas.
-
What is Ageas’s annual earnings per share (EPS)?
Ageas’s EPS for 12 months was $11.36.
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