EMCC European Monitoring Centre on Change

AG insurance

Company/Organisation:
AG insurance

Geographic Location

Country: Belgium

Company

Sector: Financial services
Financial and insurance activities
65 - Insurance, reinsurance and pension funding, except compulsory social security
Number Employed: 4045
Group: Fortis Holding

Employment Effects

Announcement Date: 10-03-2010
Type of Restructuring: Business expansion
Employment Effect Start: 01-01-2010
Foreseen End Date: 31-12-2010
Planned Job Creation: 400

Additional Information

Bart De Smet, the CEO of AG Insurance, the Belgian subsidiary of Fortis Holding, announced on 10 March during a press conference, its intention to recruit about 400 persons by the end of 2010.