Brief: Ageas' Insurance Arm Partners With Slovenian Insurer Triglav Group
05/06/2025 07:33
June 5 (Reuters) - Ageas SA AGES.BR: AGEAS RE PARTNERS WITH SLOVENIAN INSURER TRIGLAV GROUP PARTNERSHIP IN CONNECTION WITH MOTOR INSURANCE BUSINESS DISTRIBUTED BY ITALIAN INSURTECH PRIMA AGEAS RE TAKES AN 80% QUOTA SHARE ON PRIMA BUSINESS UNDERWRITTEN BY TRIGLAV GROUP IN 2025, COMMENCING IN COMING WEEK AGEAS RE ANTICIPATES INFLOWS FROM THIS TRANSACTION IN EXCESS OF EUR 500 MILLION IN 2025 AGEAS RE ANTICIPATES NET OPERATING RESULT OF AROUND EUR 15 MILLION, SPREAD OVER 2025 AND 2026 IMPACT ON GROUP SOLVENCY IS ESTIMATED TO BE NO MORE THAN -4 POINTS IN 2025 Source text: nGNE8zG1Jh Further company coverage: AGES.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))