Ageas slightly lifts annual guidance after solid half-year core profit

Ageas SA/NV

27/08/2025 06:39

Aug 27 (Reuters) - Belgian insurer Ageas AGES.BR hiked its annual core profit forecast on Wednesday to up to 1.35 billion euro ($1.58 billion), boosted by a combination of solid performance of its Life and Non-Life segment which helped to beat half-year market estimates.

The group previously expected to generate 1.3 billion euro of net operating profit in 2025. In the first half of this year, its core profit came in at 734 million euro.

($1 = 0.8542 euros)

 (Reporting by Mateusz Rabiega in Gdansk; Editing by Himani Sarkar)

 ((Mateusz.Rabiega@thomsonreuters.com; +48 58 769 67 57;))