Regulated Information - Ageas reports 9 month results

Positive trend confirmed

All 9 month 2016 figures are compared to the 9 month 2015 figures unless otherwise stated.

Ageas CEO Bart De Smet said: "A strong third quarter performance confirmed Ageas's good first half year with solid to excellent results reported across the business. Since the start of the year, the Asian and Belgian businesses have reported consistently strong results, with the Life activities a key driver of growth in the insurance result alongside a good operating performance in Non-Life, specifically in the third quarter in Belgium. At the same time these satisfying results remain supported by very healthy solvency levels, despite the impact of adverse market movements in the third quarter.
During the third quarter, the next step was taken in the Fortis settlement procedure. On 24 March 2017, a public hearing will take place after which the Court of Amsterdam will take a decision on the binding declaration of the settlement."