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AG Insurance
AG Insurance is a Belgian insurance company providing life insurance and non-life insurance (auto, fire, accident, hospitalization, civil liability and other) and supplementary pensions. It has been present on the Belgian insurance market since 1824. It targets private individuals, as well as self-employed persons, SMEs and large companies. AG Insurance's products are distributed exclusively through its partners (brokers, Fintro agents, BNP Paribas Fortis branches and bpost bank). At the end 2014, the group managed over 60 billion euros of financial assets. Its solvency margin (Solvency I) was a little more than double the level required by the supervisory authorities. AG Insurance is part of the Ageas international insurance group. History 1824: AG Vie In September 1823, King Willem I authorized the creation of a Dutch company life insurance, established in Amsterdam, under the name of Nederlandsche Algemene Levens-Verzekering Compagnie. The idea of creating a ...
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Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ...
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Florin
The Florentine florin was a gold coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains (3.499 grams, 0.113 troy ounce) of nominally pure or 'fine' gold with a purchasing power difficult to estimate (and variable) but ranging according to social grouping and perspective from approximately 140 to 1,000 modern US dollars. The name of the coin comes from the ''Giglio bottonato'' ( it), the floral emblem of the city, which is represented at the head of the coin. History The ''fiorino d'oro'' (gold florin) was used in the Republic of Florence and was the first European gold coin struck in sufficient quantities since the 7th century to play a significant commercial role. The florin was recognized across large parts of Europe. The territorial usage of the '' lira'' and the florin often overlapped, where the lira was used for smaller transactions (wages, food purchases), the florin was for larger transactions ...
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Financial Services Companies Established In 1824
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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AG Real Estate
AG Real Estate (former Fortis Real Estate) is a wholly owned subsidiary of AG Insurance (Ageas) and the largest real estate group in Belgium, headquartered in Brussels. AG Real Estate has a portfolio under management of over €6 billion that incorporates office buildings, shopping malls, logistics properties, residential properties and shares in real estate investment funds, both listed and unlisted. Its core activities include real estate development, asset management, property management, real estate financing and public car park management. AG Real Estate is a parent company of Interparking, one of Europe's best known premier car parking facility operators. AG Real Estate is one of the principal shareholders of the Sicafis (fixed capital real estate investment trusts) Befimmo, a former BEL20-company, and Ascencio. The multinational has approximately 2,600 employees in over ten countries. History To diversify its holdings and support its actuarial reserves Fortis has con ...
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Fortis Bank
BNP Paribas Fortis is an international bank based in Belgium and is a subsidiary of BNP Paribas. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime crisis and management mistakes led to the sale of the Dutch and Luxembourg parts of the banking branch to the Dutch and Luxembourg governments. Fortis Bank itself was first partly bought by the Belgian government (for €4.7 billion), then fully purchased by the government and sold to BNP Paribas. BNP Paribas Fortis is the largest bank in Belgium. It offers a full range of financial services to private and corporate clients, wealthy individuals, companies, public and financial institutions. The activities are divided into four business lines: Retail & Private Banking, Corporate & Public Banking, Corporate & Investment Banking and Investment Solutions. The bank supports its clients abroad via offices in some 80 cou ...
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Real Estate Company
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ...
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Flemish Region
The Flemish Region ( nl, Vlaams Gewest, ),; german: Flämische Region usually simply referred to as Flanders ( nl, link=no, Vlaanderen ) ; german: link=no, Flandern is one of the three regions of Belgium—alongside the Walloon Region and the Brussels-Capital Region. Covering the northern portion of the country, the Flemish Region is primarily Flemish-speaking. With an area of , it accounts for only 45% of Belgium's territory, but 57% of its population. It is one of the most densely populated regions of Europe with around . The Flemish Region is distinct from the Flemish Community: the latter encompasses both the inhabitants of the Flemish Region and the Dutch-speaking minority living in the Brussels-Capital Region. Politics Immediately after its establishment in 1980, the region transferred all its constitutional competencies to the Flemish Community. Thus, the current Flemish authorities (Flemish Parliament and Flemish Government) represent all the Flemish people, includi ...
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Antwerp
Antwerp (; nl, Antwerpen ; french: Anvers ; es, Amberes) is the largest city in Belgium by area at and the capital of Antwerp Province in the Flemish Region. With a population of 520,504,Statistics Belgium; ''Loop van de bevolking per gemeente'' (Excel file)
Population of all municipalities in Belgium, . Retrieved 1 November 2017.
it is the most populous municipality in Belgium, and with a metropolitan population of around 1,200,000 people, it is the second-largest metrop ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ...
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Belgian Franc
The Belgian franc ( nl, Belgische frank, french: Franc belge, german: Belgischer Franken) was the currency of the Kingdom of Belgium from 1832 until 2002 when the Euro was introduced. It was subdivided into 100 subunits, each known as a in Dutch, in French or a in German. History The ''gulden'' (guilder) of 20 ''stuivers'' was the currency of present-day Belgium from the 15th to 19th centuries until its replacement in 1832 by the Belgian franc. Its value differed from the Dutch guilder, gulden of the Dutch Republic during the latter's separation from Belgium from 1581 to 1816. Standard coins issued in Belgium include: * From 1618: the :nl:Patagon, ''patagon'' or ''Albertusthaler'' of 24.55 g fine silver, worth 2.4 gulden or 48 stuiver (or 10.23 g fine silver per gulden) * From 1754: the ''kronenthaler'' of 25.71 g fine silver, worth 3.15 gulden ''currency'' or 2.7 ''gulden of exchange'' (9.52 g silver per exchange gulden). The French Écu#Silver écu of 1726, silver écu of 26. ...
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