trending Market Intelligence /marketintelligence/en/news-insights/trending/sPAFalI7iYRa57O9xACrSg2 content esgSubNav
In This List

P&V Assurances to buy fellow Belgian insurer

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Blog

The World's Largest P&C Insurers, 2023

Blog

The Worlds Largest Life Insurers, 2023

Blog

Essential IR Insights Newsletter Fall - 2023


P&V Assurances to buy fellow Belgian insurer

Brussels-based P&V Assurances Scrl agreed to acquire Private Insurer NV, a Belgian life insurer.

Private Insurer specializes in "branche 23" policies, a type of life insurance used as a savings and investment tool. P&V said it would use the acquisition to increase its own offering of these products, noting that its revenue from the line was €18.5 million in 2018, compared to €70 million for Private Insurer.

The acquisition is targeted for completion in the first quarter of 2020, subject to Belgian central bank approval.