Today China Taiping Insurance Holding (CTIH) published a pre-announcement on their six months result ending 30 June 2015 in which they report an estimated significant increase by more than 180 % from the same period in 2014, mainly driven by persistent and healthy growth of CTIH's insurance business and the substantial increase in the realized gain from its equity investments.

In this context Ageas confirms that its first half year results will also benefit from the exceptional results at Taiping Life. For Ageas's 24.9 % share in Taiping Life the exceptional part of the results amounts to around EUR 100 million.

For any further details, Ageas refers to its half year 2015 results publication on Wednesday 5 August 2015, 07.30 CET.

For further information on CTIH's announcement we refer to the CTIH website.

Ageas is an international insurance group with a heritage spanning 190 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, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India, Thailand and the Philippines and has subsidiaries in France, Portugal, Hong Kong and the UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading Non-Life player through AG Insurance. In the UK, Ageas occupies the number 3 position in cars insured and has a strong presence in the over 50's market.Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has reported annual inflows close to EUR 26 billion in 2014.

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