- Strong operating performance
- Net result affected by equity market evolutions
- Proposed gross cash dividend of EUR 2.20
Full Year 2018 | |
Net Result |
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Inflows |
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Operating Performance |
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Balance Sheet |
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Belgium |
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UK |
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Continental Europe |
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Asia |
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All full year 2018 figures are compared to the full year 2017 figures unless otherwise stated.
Ageas CEO Bart De Smet said: " We have achieved a very solid result for the year despite significant equity market declines, achieving 5 out of 6 strategic goals, with an excellent combined ratio across all segments. Based on our continued good financial performance, improved solvency and strong cash generation we propose a gross cash dividend of EUR 2.20, an increase of 5%.
We are also very pleased that the finalisation of the Fortis settlement and the launch of re-insurance activities at holding level have resulted in several agencies improving our credit rating by three notches to solid investment grade."
Read the full press release (http://hugin.info/134212/R/2235706/880209.pdf)
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ageas via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ageas via Globenewswire