Insurance Post

Ageas announces Turkish disposal

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Ageas has reached an agreement with BNP Paribas Assurance on the sale of its pension and life activities in Turkey.

Fortis Emeklilik ve Hayat had gross written premiums of €62m in 2009. The transaction is likely to result in a limited capital gain.

Ageas acquired the insurance activities in Turkey in 2005, as part

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