Ageas appeals against judgment in AFM case
(Thomson Reuters ONE) -
Ageas announced on 25 Augustus 2010 that the Dutch Authority for the Financial
Markets (AFM) had levied a fine on ageas NV/SA and ageas N.V. (amounting to EUR
288,000) regarding what the AFM deemed to be insufficient disclosures by Fortis
in September 2007.
Ageas disputed this decision but has learned today that the decision of the AFM
has been upheld by the Rotterdam District Court.
Ageas regrets this judgment and will file an appeal against the decision with
the competent court in the Netherlands.
Ageas is an international insurance company with a heritage spanning more than
180 years. Ranked among the top 20 insurance companies in Europe, Ageas has
chosen to concentrate its business activities in Europe and Asia, which together
make up the largest share of the global insurance market. These are grouped
around four segments: Belgium, United Kingdom, Continental Europe and Asia and
served through a combination of wholly owned subsidiaries and partnerships with
strong financial institutions and key distributors around the world. Ageas
operates successful partnerships in Belgium, UK, Luxembourg, Italy, Portugal,
Turkey, China, Malaysia, India and Thailand and has subsidiaries in France,
Germany, Hong Kong and UK. It is the market leader in Belgium for individual
life and employee benefits, as well as a leading non-life player, through AG
Insurance, and in the UK, it has a strong presence as the third largest player
in private car insurance and the over 50's market. It employs more than 13,000
people and has annual inflows of almost EUR 18 billion.
MEDIA CONTACT
+32 (0)2 557 57 37
INVESTOR RELATIONS
Brussels
+32 (0)2 557 57 33
Utrecht
+31 (0)30 252 53 05
Ageas
Rue du Marquis 1 - 1000 Brussels - Belgium
Archimedeslaan 6 - 3584 BA Utrecht - The Netherlands
www.ageas.com
Pdf version press release:
http://hugin.info/134212/R/1584737/495878.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ageas via Thomson Reuters ONE
[HUG#1584737]
Unternehmensinformation / Kurzprofil:
Datum: 10.02.2012 - 17:40 Uhr
Sprache: Deutsch
News-ID 113478
Anzahl Zeichen: 2780
contact information:
Town:
Brussel
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 158 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Ageas appeals against judgment in AFM case"
steht unter der journalistisch-redaktionellen Verantwortung von
Ageas (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
