Our ratings reflect our strong financial performance and the quality of our balance sheet. View the current rating of our entities and debts and the results of our financial subsidiaries

Rating Entities

Insurance Financial
Strength Ratings
S&P Moody's* Fitch
ageas SA/NV A/Positive
(21/11/2019)

A3/Stable
(13/12/2019)

(unsollicited) 

A+/Stable
(29/04/2020)
Ageas Insurance International NR NR A/Stable 
(29/04/2020)
AG Insurance A/Positive
(21/11/2019)

A2 / Stable
(13/12/2019)

(unsollicited)

A+/Stable
(29/04/2020)
Ageas Insurance Limited
(AIL)
A/Positive
(21/11/2019)
NR A+/Stable
(29/04/2020)
Muang Thai Life BBB+ / Stable
(15/04/2020)
NR A-/Negative
(08/05/2020)
Etiqa Insurance Berhad (Malaysia) NR NR A/Stable
(06/05/2020)
China Taiping Life NR NR

A+/Stable
(14/05/2020)

* Remark regarding Moody's: AG Insurance received an IFSR while ageas SA/NV received an issuer rating

Rating debt

Hybrids S&P Moody's Fitch
AG Insurance
Perpetual securities 2013, fixed date reset  
BBB+ NR BBB+
AG Insurance 
Fixed rate reset subordinated notes 2015-2047
BBB+ NR BBB+
Ageasfinlux SA,
FRESH
BBB+

Baa3 (hyb)

(unsollicited)

BBB-

ageas SA/NV
Fixed to Floating Rate Notes due July 2049

BBB+ NR BBB+

ageas SA/NV
Perpetual Fixed Rate Resettable Temporary Write-Down Notes

BBB NR BBB-