… That means for insurers with small market share, it is a real challenge to grow bigger. Ageas a accepté de vendre ses activités d'assurance vie à Hong-Kong (1) à JD Capital (Beijing Tongchuangjiuding Investment Management Co.) pour une contrepartie en … Discover our strategic choices. Ageas Insurance Company (Asia) Limited Insurer Financial Strength Rating affirmed at ‘A’: Outlook Stable Ageas annonce, sous réserve des approbations nécessaires, que Hans De Cuyper succèdera à Bart De Smet au poste de CEO à compter du 22 octobre. Are you a shareholder, investor, journalist or simply interested in our company? Ageas avait acquis Pacific Century Insurance en 2007, avant de renommer la société du nom de sa maison mère. Update my company information. In addition, we use anonymized analytical cookies to keep track on how you and other users browse our websites to help us creating better flows, producing more interesting content, etc. These analytical cookies do not store any personal information. For an overview of the cookies belonging to this category, consult our Cookie Policy. Policyowner LOGIN. Our Standards: The Thomson Reuters Trust Principles. We use cookies to give you the best online experience. has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago. 1324965) and Ageas Insurance Limited (Company Reg. 354568). The participation in TPRe will enable growth potential and will further allow Ageas to expand in the fast-growing Asian reinsurance market from leading positions in Hong Kong and China. We use technical and functional cookies to remember choices and selections that you have made during previous visits. Ageas completes the acquisition of a 25%* stake in Taiping Reinsurance Company Limited. This page provides information about the nature of the cookies that may be used on AGEAS websites. Join to Connect Ageas Insurance Company (Asia) Limited. Ageas said it remains committed to Asia and will further strengthen its business in the region by focusing on the six growth markets of Malaysia, China, Thailand, India, the Philippines and Vietnam. Join to Connect Ageas Insurance Company (Asia) Limited. 1324965) and Ageas Insurance Limited (Company Reg. Hong Kong. “The decision to sell our business in Hong Kong follows a strategic review of our Asian activities in which we concluded that it is in the group’s best interest to realign our strategy towards the fast growing emerging markets of Asia,” Bart De Smet, CEO of Ageas said in a statement. Ageas announces that it has concluded an agreement with China Taiping Insurance Holdings (CTIH) to subscribe to a capital increase of its wholly controlled subsidiary Taiping Reinsurance Co. … Ageas Insurance International also operates in France and Hong Kong and holds partnerships or joint ventures in Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand. At … In 2012, Dutch financial services firm ING ING.AS sold its Hong Kong business to businessman Richard Li's Pacific Century Insurance, which was renamed as FWD. For an overview of the cookies belonging to this category, consult our Cookie Policy. NWS Holdings now owns more than 75% of FT life but less than 100%. We use cookies to optimise your user experience, offer you personalised information based on your interests, and allow you to share and interact with your social media contacts and watch videos directly on our websites. Headquartered in Belgium and Netherlands, Ageas is among Europe’s top 20 insurance companies, with 13,000 employees working throughout Europe and Asia. In 2012, Dutch financial services firm ING. Indicate below if you accept all types of cookies or if you wish to adjust your preferences. NWS Holdings to acquire Hong Kong insurer FTLife for $2.75bn 31st December 2018 - Author: Matt Sheehan New World Development Company Limited (NWD) has announced that its subsidiary, NWS Holdings Limited, plans to acquire the entire issued share capital of Hong Kong insurer FTLife Insurance Company Limited for HK $21.5 billion (US $2.75 billion) in cash. Beijing-based JD Capital is listed on the Chinese National Equities Exchange and Quotations and was established in 2007. Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. In 2007, Pacific Century Regional Developments entered into an agreement with Fortis on the sale of Pacific Century Insurance. NWS Holdings to acquire Hong Kong insurer FTLife for $2.75bn 31st December 2018 - Author: Matt Sheehan New World Development Company Limited (NWD) has announced that its subsidiary, NWS Holdings Limited, plans to acquire the entire issued share capital of Hong Kong insurer FTLife Insurance Company Limited for HK $21.5 billion (US $2.75 billion) in cash. Across the region, we offer a range of Life and Non-Life insurance products through different channels of choice including 482,000 agents and brokers, bank branches, and digital. We, at FTLife Insurance, are determined to provide world-class insurance products whose worth will surpass your investment therein. See here for a complete list of exchanges and delays. No. the visited pages, articles viewed or clicked on,...) and enable us to personalize the touchpoints that you have with our brands. Ageas first acquired a stake in the Hong Kong insurer in 2007 from Richard Li, whose Pacific Century Group agreed to pay $2.14 billion for Amsterdam-based ING Groep’s life … The consent you are giving is valid for all AGEAS websites. Ageas Insurance Company (Asia) Limited. No. In Asia, Ageas intends to focus six growth markets such as Malaysia, … Report this profile Experience Manager of Branding, Marketing & Communication Ageas Insurance Company (Asia) Limited View Elsa’s full profile See who you know in common Get introduced Contact Elsa directly Join to view … ageas is a trading name of Ageas Retail Limited (Company Reg. A full day management seminar was presented by key Warnborough professors on 6 February at Ageas Academy and open to select Ageas members including WCI MBA and DBA students who are based in Hong Kong. In 2007, he moved to Malaysia as Chief Financial Officer in Etiqa Insurance … Siraprapa Watakit Senior Data Scientist at Ageas Insurance Company (Asia) Limited Hong Kong 470 connections The Company, through its subsidiaries, provides life, general, and group insurance products. Morgan Stanley MS.N advised Ageas while Citigroup C.N advised JD Capital, people familiar with the matter told Reuters. The deal is expected to close in the first half of 2016. The company has more than 2,500 agents in Hong Kong, which is the only Asian operation where the company had a 100 percent control. The Company, through its subsidiaries, provides life, general, and group insurance products. 111 Connaught Road Central 27/F, Wing On Centre Central Hong Kong. The participation in TPRe will enable growth potential and will further allow Ageas to expand in the fast-growing Asian reinsurance market from leading positions in Hong Kong and China. How to Apply; Terms & Conditions; Login Guide; Consultant LOGIN Ageas is the former insurance unit of bailed out and broken up Belgian-Dutch group Fortis. Many of these partnerships date back more than a decade, providing important access to customers and knowledge of the local market. No. Online Service. FTLife Insurance is one of the most reputed insurance companies based in Hong Kong with an ambition to expand across Asia. To allow you to share and interact on social media or see videos from our websites, we make use of plug-ins offered by third parties. Company name: AGEAS INSURANCE COMPANY (ASIA) LIMITED Address: 27/F., WING ON CENTRE 111 CONNAUGHT ROAD CENTRAL HONG KONG NA Country: HK Phone: +852-25918792 Fax: Email: [email protected] Account Name: HK3903267T Technical Contact Information: Family name: INFRASTRUCTURE Company name: AGEAS INSURANCE COMPANY (ASIA) LIMITED Address: 27/F., WING ON CENTRE 111 CONNAUGHT ROAD CENTRAL HONG KONG … 354568). They prevent you from having to set your preferences again every time.Without these cookies, some (parts of) our sites may not work (properly) and (some of the) services you have asked for may not be able to be provided. All quotes delayed a minimum of 15 minutes. ageas is a trading name of Ageas Retail Limited (Company Reg. Reporting by Denny Thomas, editing by William Hardy. We offer insurance solutions and services to our customers and grow our business in a sustainable way in a selected number of countries in Europe and Asia through solid partnerships. A full day management seminar was presented by key Warnborough professors on 6 February at Ageas Academy and open to select Ageas members including WCI MBA and DBA students who are based in Hong Kong. These cookies will not be used to present you advertisements regarding products and services offered by third parties. Ageas Insurance Company (Asia) Limited Insurer Financial Strength Rating affirmed at ‘A’: Outlook Stable Siraprapa Watakit Senior Data Scientist at Ageas Insurance Company (Asia) Limited Hong Kong 470 connections Hong Kong is a developed life insurance market, with insurance premium to GDP ratio of 11.7 percent, the second-highest in Asia, according to Sigma Re. 111 Connaught Road Central 27/F, Wing On Centre Central Hong Kong. It operates one of the largest private equity firms in China and has offices across North America and Asia. Morgan Stanley. Executive insight 03.04.2020. HONG KONG (Reuters) - Ageas (AGES.BR) has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion … Since 2013, TPRe’s gross written premiums have grown annually on average by 27% resulting in €1.7 billion in 2019. The event was organised by Warnborough College Ireland partner, Higher Education Services, together with Ageas Insurance Company (Asia). Registered in England and Wales. The rest is owned by NWD, which also owns 61% of NWS. Hans joined the company in 2004 as Director Insurance Management Asia in Hong Kong. Manager of Branding, Marketing & Communication at Ageas Insurance Company (Asia) Limited Hong Kong 1 connection. FTLife Insurance is one of the most reputed insurance companies based in Hong Kong with an ambition to expand across Asia. Ageas Asia Holdings Limited operated as a holding company. In September 2016, Ageas Insurance Company (Asia) Limited was renamed as FTLife Insurance Company Limited. Ageas avait acquis Pacific Century Insurance en 2007, avant de renommer la société du nom de sa maison mère. Ageas Insurance Company (Asia) Ltd. AIA International Ltd. AXA General Insurance Hong Kong Ltd. FTLife Insurance Co. Ltd. FWD Life Insurance Company (Bermuda) Ltd. Chubb Insurance Hong Kong Ltd. Chubb Life Insurance Co. Ltd. Seascope Insurance Services (HK) Ltd. MassMutual Asia Ltd. QBE Hong Kong & Shanghai Insurance Ltd. Banking, Finance & Investment. HONG KONG (Reuters) - Ageas AGES.BR has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago. To make your experience on our websites and our advertisements for our products as relevant as possible, we track your browsing and click behavior and incorporate it in your customer profile. To opt-out from these cookies, you can always disable them in your browser settings. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. The event was organised by Warnborough College Ireland partner, Higher Education Services, together with Ageas Insurance Company (Asia). In addition, Ageas holds 45% of Royal Park Investments, [9] a special purpose vehicle [12] which manages a portfolio of " toxic " structured credit assets [13] previously held by Fortis Bank. Ageas operates in 9 countries in Asia including China, Malaysia, Thailand, India, the Philippines and Vietnam, through well-established joint venture partnerships with highly respected local partners and financial institutions. For information on how to set up your browser preferences, please refer to the documentation of the manufacturer of your browser. It has invested in more than 200 companies of which about 60 are either listed or in the process of going public, according to the company website. La transaction devrait... | 9 septembre 2020 Ageas Insurance International also operates in France and Hong Kong and holds partnerships or joint ventures in Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand. Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. 1324965) and Ageas Insurance Limited (Company Reg. The rest is owned by NWD, which also owns 61% of NWS. Pacific Century Insurance Company Limited (PCI) became the subsidiary operating life insurance and other insurance businesses. These plug-ins are fully controlled by third parties and might be used to collect data and information on your browsing behavior for direct marketing purposes, analytics or market research by such third parties, even if you do not use these functionalities but merely visit our websites. In July of the same year the Pacific Century Insurance Holdings Limited (PCIHL) was listed on The Stock Exchange of Hong Kong Limited. By using our website you agree to our use of cookies in accordance with our. Hong Kong. No. Do you accept customer profiling cookies on the AGEAS websites? Contact - Ageas Insurance Company (Asia) Limited. In support of its partners’ own expansion plans, the Group also provides insurance services in Laos, Cambodia and Singapore. Ageas Insurance Company (Asia) Limited in Worldwide Jobs People Learning Dismiss Dismiss Together Ageas and its partners serve around 24 million customers across the region supported by a regional office in Hong Kong. We therefore recommend that you read the privacy notice and cookie policy of these third parties to know more about how these third parties use your personal data and cookies. AICA offers a wide range of long-term individual life insurance products in Hong Kong. Newsroom Newsroom . Update my company information. Ageas, anciennement Fortis jusque fin avril 2010, est un groupe d'assurances belge, coté à l'Euronext1. Belgian insurance group Ageas has reached an agreement to sell its life insurance business in Hong Kong to Chinese asset manager JD Capital, headquartered in Beijing and listed on the Chinese National Equities Exchange and Quotations. 354568). Ageas Asia Holdings Limited | 22 abonnés sur LinkedIn | Ageas Asia Holdings Limited is a financial services company based out of 114 Connaught Road Central, Hong Kong, Hong Kong Island, Hong Kong. AICA offers a wide range of long-term individual life insurance products in Hong Kong. Do you accept that AGEAS websites use cookies offered by third parties which enable the sharing of your data with third parties? Ageas a accepté de vendre ses activités d'assurance vie à Hong-Kong à JD Capital pour une contrepartie en numéraire de HKD 10.688 millions ). You cannot refuse these cookies from this page as they are essential to guarantee you the best user experience. No. Registered in England and Wales. / Ageas Insurance Company (Asia) Limited. Our global team of insurance lawyers advises many of the world’s leading insurers and reinsurers on their most significant corporate, regulatory and transactional matters as well as on complex claims, class actions, disputes and investigations. Lieux Principal 28/F Wing on Centre 111 Connaught Road Central Hong Kong, HK Obtenir l’itinéraire Ageas' sale marks the second exit of a foreign insurer from Hong Kong in recent years, a market which is dominated by Asia-focused insurer AIA Group Lt, . Registered in England and Wales. To make your experience on our websites as smooth as possible, we use technical, functional and anonymized analytical cookies. The deal is expected to close in the first half of 2016. NWS Holdings now owns more than 75% of FT life but less than 100%. It bought the insurance business in 2007 from Li’s Pacific Century Insurance for a total consideration of HK$6.94 billion. FTLife Insurance Company Limited (FTLife) is one of Hong Kong ' s largest life insurance companies and was wholly owned subsidiary of Tongchuangjiuding Investment Management Group Co., Ltd. ("JD Group"). FTLife Insurance Company Limited (FTLife) is one of Hong Kong ' s largest life insurance companies and was wholly owned subsidiary of Tongchuangjiuding Investment Management Group Co., Ltd. ("JD Group"). En 2007, il rejoint la Malaisie en tant que Chief Financial Officer d’Etiqa Insurance & Takaful, la co-entreprise de Maybank et Ageas. Ageas Insurance Company (Asia) Limited. We, at FTLife Insurance, are determined to provide world-class insurance products whose worth will surpass your investment therein. Ageas Asia Holdings serves customers worldwide. For an overview of the cookies belonging to this category, consult our Cookie Policy. The deal underscores Chinese companies strong appetite to grow through acquisitions even in the middle the country’s biggest stock market turmoil. Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. In Asia, Ageas intends to focus six growth markets such as Malaysia, … … Management Seminar in Ageas Hong Kong. Ageas first acquired a stake in the Hong Kong insurer in 2007 from Richard Li, whose Pacific Century Group agreed to pay $2.14 billion for Amsterdam-based ING Groep’s life insurance … In November 2019, NWS Holdings Limited completed the acquisition of FTLife. Belgian insurance group Ageas has reached an agreement to sell its life insurance business in Hong Kong to Chinese asset manager JD Capital, headquartered in Beijing and listed on the Chinese National Equities Exchange and Quotations. In support of its partners’ own expansion plans, the Group also provides insurance services in Laos, Cambodia and Singapore. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. These cookies monitor your click and surfing behavior on our sites (e.g. JD Capital will acquire Ageas’ … JD Capital will acquire Ageas’ … Together Ageas and its partners serve around 24 million customers across the region supported by a regional office in Hong Kong. Ageas life insurance business reported gross inflows of around €1.23bn in 2014 and €269m in the first half of this year, while Hong Kong operations generated €967m by the end of June this year. AGEAS has no control on how these third parties manage these cookies and the data collected through these cookies. L’acheteur, l’entreprise chinoise JD Capital, va débourser 1,230 milliard d’euros. sold its Hong Kong business to businessman Richard Li's Pacific Century Insurance, which was renamed as FWD. Management Seminar in Ageas Hong Kong. In May 2016, JD Group successfully acquired Ageas Insurance Company (Asia) Limited from Ageas Group. Ageas Asia Holdings Limited operated as a holding company. Ageas Asia Holdings serves customers worldwide. Manager of Branding, Marketing & Communication at Ageas Insurance Company (Asia) Limited Hong Kong 1 connection. Since 2013, TPRe’s gross written premiums have grown annually on average by 27% resulting in €1.7 billion in 2019. Looking for one of our Ageas UK services? No. Ageas' sale marks the second exit of a foreign insurer from Hong Kong in recent years, a market which is dominated by Asia-focused insurer AIA Group Lt 1299.HK and Prudential plc PRU.L. Contact - Ageas Insurance Company (Asia) Limited. Ageas life insurance business reported gross inflows of around €1.23bn in 2014 and €269m in the first half of this year, while Hong Kong operations generated €967m by the end of June this year. We adopt a local and omni-channel approach combined with smart innovations to create a positive customer experience. Report this profile Experience Manager of Branding, Marketing & Communication Ageas Insurance Company (Asia) Limited View Elsa’s full profile See who you know in common Get introduced Contact Elsa directly Join to view … / Ageas Insurance Company (Asia) Limited. De 2011 à 2013, il est Chief Executive Officer d’Eqita et membre de l’Executive Committee de Maybank, la principale banque malaisienne. ageas is a trading name of Ageas Retail Limited (Company Reg. On 27 August 2020, Ageas announced an agreement with China Taiping Insurance Holdings (CTIH) to subscribe to a capital increase of its wholly controlled subsidiary Taiping Reinsurance Company Limited (TPRe). advised JD Capital, people familiar with the matter told Reuters. The content and advertising of our products you see on our sites and in any other advertisement will be matched with your needs, interests and preferences. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. 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