Full Year 2025 Ageas SA Earnings Call Transcript

Feb 25, 2026 / 08:30AM GMT

Release Date Price: $69.95

Transcript

Key Points

Positve

Ageas SA/ NV (AGESF) successfully completed the first year of its LFA 27 strategy, delivering strong performance and raising financial targets twice.
The company achieved outstanding global growth with inflows up more than 9% at constant exchange rates, driven by both life and non-life segments.
Ageas SA/ NV (AGESF) reported a net operating result of over €1.655 billion, surpassing the latest guidance.
The reinsurance segment delivered exceptional performance, driven by strong profitable growth in all business lines.
The board proposed a total gross cash dividend of €3.75 per share, representing a growth of over 7% compared to 2025.

Negative

The economic conditions such as inflation and interest rates remain volatile, impacting the business environment.
The UK market experienced a softer market environment, although Ageas SA/ NV (AGESF) managed to maintain positive contributions.
The strategic shift in product mix in China led to a lower new business contribution, impacting the overall margin.
The operational free capital generation in the non-solvency II scope was impacted by higher capital consumption.
The UK claims inflation remains high, posing challenges for further market softening.

Operator

Welcome to this AEAS conference call. I am pleased to present Mr. Hans de Kuiper, Chief Executive Officer, and Mr. Wim Gilliams, Chief Financial Officer.

For the first part of this call, the participants will remain on listen-only mode and afterwards, there will be a question-and-answer session. Please note that the conference is being recorded. I would now like to hand over to Mr. Hans de Keuper and Mr. Wim Gilliams. Gentlemen, please.

Hans De Cuyper

Ageas SA - Chief Executive Officer, Executive Director, Member of the Executive Committee

Go ahead.

Good morning ladies and gentlemen.

Thank you all for dialing into this conference call and for joining the presentation of AEOS full year 2025 results.

I'm extremely proud to report that we successfully completed the 1st year of our LFA 27 strategy, a remarkable year where we delivered a continued strong performance and raised our financial targets twice.

2025 was, to say the least, a transformational year for AGOs, giving us many achievements to be proud of. Thanks

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.