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"). La transaction devrait... | 9 septembre 2020 The event was organised by Warnborough College Ireland partner, Higher Education Services, together with Ageas Insurance Company (Asia). Ageas Asia Holdings serves customers worldwide. Together Ageas and its partners serve around 24 million customers across the region supported by a regional office in Hong Kong. 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"). sold its Hong Kong business to businessman Richard Li's Pacific Century Insurance, which was renamed as FWD. These cookies will not be used to present you advertisements regarding products and services offered by third parties. Manager of Branding, Marketing & Communication at Ageas Insurance Company (Asia) Limited Hong Kong 1 connection. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. No. Do you accept that AGEAS websites use cookies offered by third parties which enable the sharing of your data with third parties? Ageas Asia Holdings Limited operated as a holding company. Join to Connect Ageas Insurance Company (Asia) Limited. 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. 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 July of the same year the Pacific Century Insurance Holdings Limited (PCIHL) was listed on The Stock Exchange of Hong Kong Limited. 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. 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. 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. 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. Ageas avait acquis Pacific Century Insurance en 2007, avant de renommer la société du nom de sa maison mère. Newsroom Newsroom . 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. 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. No. In 2007, Pacific Century Regional Developments entered into an agreement with Fortis on the sale of Pacific Century Insurance. To make your experience on our websites as smooth as possible, we use technical, functional and anonymized analytical cookies. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. ageas is a trading name of Ageas Retail Limited (Company Reg. Headquartered in Belgium and Netherlands, Ageas is among Europe’s top 20 insurance companies, with 13,000 employees working throughout Europe and Asia. Do you accept customer profiling cookies on the AGEAS websites? / Ageas Insurance Company (Asia) Limited. NWS Holdings now owns more than 75% of FT life but less than 100%. AICA offers a wide range of long-term individual life insurance products 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. 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. Registered in England and Wales. 111 Connaught Road Central 27/F, Wing On Centre Central Hong Kong. Management Seminar in Ageas Hong Kong. For information on how to set up your browser preferences, please refer to the documentation of the manufacturer of your browser. 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. Update my company information. For an overview of the cookies belonging to this category, consult our Cookie Policy. 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. FTLife Insurance is one of the most reputed insurance companies based in Hong Kong with an ambition to expand across Asia. 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. Registered in England and Wales. … 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 ). We use cookies to give you the best online experience. These cookies monitor your click and surfing behavior on our sites (e.g. This page provides information about the nature of the cookies that may be used on AGEAS websites. The Company, through its subsidiaries, provides life, general, and group insurance products. In November 2019, NWS Holdings Limited completed the acquisition of FTLife. “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 Insurance Company (Asia) Limited Insurer Financial Strength Rating affirmed at ‘A’: Outlook Stable 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 … NWS Holdings now owns more than 75% of FT life but less than 100%. Looking for one of our Ageas UK services? Since 2013, TPRe’s gross written premiums have grown annually on average by 27% resulting in €1.7 billion in 2019. Our Standards: The Thomson Reuters Trust Principles. 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. By using our website you agree to our use of cookies in accordance with our. Hong Kong. ageas is a trading name of Ageas Retail Limited (Company Reg. You cannot refuse these cookies from this page as they are essential to guarantee you the best user experience. The deal is expected to close in the first half of 2016. 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. Contact - Ageas Insurance Company (Asia) Limited. Executive insight 03.04.2020. Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. Also consult our Cookie Policy and our Privacy Notice. Ageas, anciennement Fortis jusque fin avril 2010, est un groupe d'assurances belge, coté à l'Euronext1. 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. Beijing-based JD Capital is listed on the Chinese National Equities Exchange and Quotations and was established in 2007. 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. Together Ageas and its partners serve around 24 million customers across the region supported by a regional office in Hong Kong. The rest is owned by NWD, which also owns 61% of NWS. De 2011 à 2013, il est Chief Executive Officer d’Eqita et membre de l’Executive Committee de Maybank, la principale banque malaisienne. Siraprapa Watakit Senior Data Scientist at Ageas Insurance Company (Asia) Limited Hong Kong 470 connections Discover our strategic choices. Ageas Insurance Company (Asia) Limited in Worldwide Jobs People Learning Dismiss Dismiss These analytical cookies do not store any personal information. … In 2007, he moved to Malaysia as Chief Financial Officer in Etiqa Insurance … Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. Hong Kong. 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. 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. 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. Policyowner LOGIN. For an overview of the cookies belonging to this category, consult our Cookie Policy. FTLife Insurance is one of the most reputed insurance companies based in Hong Kong with an ambition to expand across Asia. 1324965) and Ageas Insurance Limited (Company Reg. Ageas is the former insurance unit of bailed out and broken up Belgian-Dutch group Fortis. Ageas Asia Holdings serves customers worldwide. 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. At … 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. In May 2016, JD Group successfully acquired Ageas Insurance Company (Asia) Limited from Ageas Group. In support of its partners’ own expansion plans, the Group also provides insurance services in Laos, Cambodia and Singapore. See here for a complete list of exchanges and delays. 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). The Company, through its subsidiaries, provides life, general, and group insurance products. 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. No. 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. The deal underscores Chinese companies strong appetite to grow through acquisitions even in the middle the country’s biggest stock market turmoil. The deal is expected to close in the first half of 2016. 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. Are you a shareholder, investor, journalist or simply interested in our company? 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, . 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. Update my company information. 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. … the visited pages, articles viewed or clicked on,...) and enable us to personalize the touchpoints that you have with our brands. For an overview of the cookies belonging to this category, consult our Cookie Policy. 1324965) and Ageas Insurance Limited (Company Reg. In support of its partners’ own expansion plans, the Group also provides insurance services in Laos, Cambodia and Singapore. Ageas completes the acquisition of a 25%* stake in Taiping Reinsurance Company Limited. JD Capital will acquire Ageas’ … The event was organised by Warnborough College Ireland partner, Higher Education Services, together with Ageas Insurance Company (Asia). En 2007, il rejoint la Malaisie en tant que Chief Financial Officer d’Etiqa Insurance & Takaful, la co-entreprise de Maybank et Ageas. Morgan Stanley. It operates one of the largest private equity firms in China and has offices across North America and Asia. 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. 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. JD Capital will acquire Ageas’ … L’acheteur, l’entreprise chinoise JD Capital, va débourser 1,230 milliard d’euros. That means for insurers with small market share, it is a real challenge to grow bigger. The rest is owned by NWD, which also owns 61% of NWS. Since 2013, TPRe’s gross written premiums have grown annually on average by 27% resulting in €1.7 billion in 2019. Manager of Branding, Marketing & Communication at Ageas Insurance Company (Asia) Limited Hong Kong 1 connection. Indicate below if you accept all types of cookies or if you wish to adjust your preferences. 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 … We, at FTLife Insurance, are determined to provide world-class insurance products whose worth will surpass your investment therein. Hans joined the company in 2004 as Director Insurance Management Asia in Hong Kong. Be aware that some functionalities of our websites may not function properly. It bought the insurance business in 2007 from Li’s Pacific Century Insurance for a total consideration of HK$6.94 billion. 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. The consent you are giving is valid for all AGEAS websites. Hans rejoint la société en 2004 en tant que Director Insurance Management Asia à Hong Kong. Pacific Century Insurance Company Limited (PCI) became the subsidiary operating life insurance and other insurance businesses. 354568). 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. Reporting by Denny Thomas, editing by William Hardy. 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. AICA offers a wide range of long-term individual life insurance products in Hong Kong. Ageas avait acquis Pacific Century Insurance en 2007, avant de renommer la société du nom de sa maison mère. To opt-out from these cookies, you can always disable them in your browser settings. advised JD Capital, people familiar with the matter told Reuters. We adopt a local and omni-channel approach combined with smart innovations to create a positive customer experience. 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. AGEAS has no control on how these third parties manage these cookies and the data collected through these cookies. Siraprapa Watakit Senior Data Scientist at Ageas Insurance Company (Asia) Limited Hong Kong 470 connections No. Registered in England and Wales. Lieux Principal 28/F Wing on Centre 111 Connaught Road Central Hong Kong, HK Obtenir l’itinéraire We, at FTLife Insurance, are determined to provide world-class insurance products whose worth will surpass your investment therein. 1324965) and Ageas Insurance Limited (Company Reg. In Asia, Ageas intends to focus six growth markets such as Malaysia, … In 2012, Dutch financial services firm ING. 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 … 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. 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. Join to Connect Ageas Insurance Company (Asia) Limited. Registered office: Ageas House, Hampshire Corporate Park, Eastleigh, Hampshire, SO53 3YA. 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. We use technical and functional cookies to remember choices and selections that you have made during previous visits. Ageas Insurance Company (Asia) Limited Insurer Financial Strength Rating affirmed at ‘A’: Outlook Stable Contact - Ageas Insurance Company (Asia) Limited. 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. Ageas Insurance Company (Asia) Limited. 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. 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 … No. In Asia, Ageas intends to focus six growth markets such as Malaysia, … 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 … Ageas Asia Holdings Limited operated as a holding company. Ageas Insurance Company (Asia) Limited. Morgan Stanley MS.N advised Ageas while Citigroup C.N advised JD Capital, people familiar with the matter told Reuters. Online Service. 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. 354568). In September 2016, Ageas Insurance Company (Asia) Limited was renamed as FTLife Insurance Company Limited. 354568). Many of these partnerships date back more than a decade, providing important access to customers and knowledge of the local market. All quotes delayed a minimum of 15 minutes. 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 … How to Apply; Terms & Conditions; Login Guide; Consultant LOGIN No. ageas is a trading name of Ageas Retail Limited (Company Reg. 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