Ageas Overview

  • Year Founded
  • 1823

Year Founded

  • Status
  • Public

  • Employees
  • 54,623

Employees

  • Stock Symbol
  • AGS

Stock Symbol

  • 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.com
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Avenue du Boulevard 21
  • 1210 Brussels
  • Belgium
+32 02
Primary Industry
Multi-line Insurance
Other Industries
Life and Health Insurance
Stock Exchange
BRU
Vertical(s)
Corporate Office
  • Avenue du Boulevard 21
  • 1210 Brussels
  • Belgium
+32 02

Ageas Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ageas Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Ageas Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of
Multi-line Insurance
Brussels, Belgium
54,623 As of 2025

Schiphol, Netherlands
 

Trieste, Italy
 
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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
You’re viewing 3 of 3 competitors. Get the full list »

Ageas Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Ageas Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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
You’re viewing 5 of 32 investments and acquisitions. Get the full list »

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

To view Ageas’s complete esg history, request access »

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
  • 2 buyers
Intesa Sanpaolo Assicura 29-Dec-2009 Completed
  • 2 buyers
FTLife Insurance Company 15-Jun-2007 Completed
myLife Lebensversicherung 31-Oct-2006 Completed
Maybank Ageas Holdings 01-Jan-2001 Joint Venture Completed
  • 2 buyers
To view Ageas’s complete exits history, request access »

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
You’re viewing 5 of 10 affiliates. Get the full list.  »

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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