Brussels-headquartered multinational insurer Ageas has reported an insurance net result of €1,070 million over 2021, up 11% from €960 million in the previous year.
The company attributed this result to the strong operating performance of its life operations, which generated a net result of €742 million, compared with €570 million previously.
Ageas was also satisfied with the performance of its non-life business, although here the result decreased from €391 million in 2020 to €328 million in 2021.