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AGESF (Ageas/ NV) Unpaid Loss & Loss Reserve : $67,884 Mil (As of Dec. 2024)


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What is Ageas/ NV Unpaid Loss & Loss Reserve?

Ageas/ NV's annual unpaid loss & loss reserve increased from Dec. 2022 ($66,284 Mil) to Dec. 2023 ($69,852 Mil) but then declined from Dec. 2023 ($69,852 Mil) to Dec. 2024 ($67,884 Mil).


Ageas/ NV Unpaid Loss & Loss Reserve Historical Data

The historical data trend for Ageas/ NV's Unpaid Loss & Loss Reserve can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ageas/ NV Unpaid Loss & Loss Reserve Chart

Ageas/ NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Unpaid Loss & Loss Reserve
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,406.33 415.82 66,283.90 69,851.69 67,883.77

Ageas/ NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Unpaid Loss & Loss Reserve Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66,283.90 67,975.08 69,851.69 68,372.44 67,883.77

Ageas/ NV Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.


Ageas/ NV Business Description

Address
Avenue du Boulevard 21, Manhattan Center, Bolwerklaan 21, Brussels, BEL, 1210
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 the long-held promised dividend was suspended. 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 Belgium government. It also spun off its asset management and insurance, which later became Ageas.

Ageas/ NV Headlines

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