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Baloise to sell its Belgian life insurance portfolio

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Magazine Issue: 
Reinsurance renewal 2024 : An upturn or just a respite? [3]
Magazine date: 
Dec 2023

BâloiseSources close to the matter have indicated that Baloise is planning to sell its Belgian life insurance portfolio, worth 1 billion EUR (1.1 billion USD).

The Swiss insurer is reportedly in talks with the Dutch ING group about a possible deal.

Discussions are said to have reached an advanced stage, and an agreement may be signed shortly.

No comments have been made by either company.

Read also | Belgian insurance market: turnover increase in 2022 [4]

Mon, 04/12/2023 - 14:23

Source URL: https://www.atlas-mag.net/en/category/pays/belgique/baloise-to-sell-its-belgian-life-insurance-portfolio

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[4] https://www.atlas-mag.net/en/category/pays/belgique/belgian-insurance-market-turnover-increase-in-2022