CARGEAS News

Brussels-based insurer Ageas on Dec. 29 completed the sale of its stake in Italian bancassurer Cargeas Assicurazioni (CARGEAS) to BNP Paribas Cardif, for €178 million (US$213.6 million) in cash. Ageas and BNP Paribas Cardif have operated CARGEAS as a joint …

Brussels-based insurer Ageas announced it has reached an agreement with BNP Paribas Cardif to sell its stake in Cargeas Assicurazioni (CARGEAS), a non-life, Italian bancassurer, which provides health, homeowner, automobile and credit insurance to individuals and businesses. Ageas and BNP …