Ageas nominates PwC as auditor

Ageas announces that the Board of Directors of ageas SA/NV will propose to its shareholders to appoint PwC Bedrijfsrevisoren/Réviseurs d'entreprises as new auditor, for the mandatory term of three years, with effect from the 2018 financial year at the Annual General Meeting to be held on 16th May 2018.

This nomination is the result of a public tender and careful selection procedure, overseen by the Audit Committee, a process compliant with EU-regulation and good corporate governance. The proposal for nomination is in line with the decisions of the Boards of Directors of Ageas's operating entities in the UK, Belgium, and Portugal where PwC was also nominated as auditor.

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life products that meet their specific needs, not just for today but also for tomorrow. Ageas, one of the largest insurance companies in Europe, is mainly active in Europe and Asia, which together make up the majority of the global insurance market. Through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors, Ageas operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines. In most of the countries where it operates, Ageas is among the market leaders. Ageas has more than 40,000 employees, and inflows amounted to around EUR 32 billion (all figures at 100%) in 2016.

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Source: Ageas via Globenewswire