Filip Coremans - Ageas SA/NV Chief Risk Officer

AGESY Stock  USD 51.38  0.53  1.04%   

Executive

Mr. Filip Coremans was Chief Risk Officer, Executive Director, Member of the Executive Committee of Ageas S.A. since May 29, 2015. He served as Chief Risk Officer, Member of the Executive Committee of the Company between July 1, 2014 and May 29, 2015. He is responsible for Risk, Compliance and support functions . He holds a MBA Degree in International Business Finance, a Masters degree in Actuarial Sciences and a Bachelor Degree in Applied Economics, all from Katholieke Universiteit Leuven. He was active in the Insurance industry for over 25 years, his entire professional career. He joined ING Insurance Belgium in 1990 where he became Deputy Director overseeing the Save and Investment product lines in both Insurance and Banking. In 1998 he was appointed as Corporationrationrate Controller at KBC Insurance Belgium and joined Ageas at the end of 2002. At Ageas, he held various senior management positions in our Asian entities. He was Executive Director and CFO of the Company operations in Malaysia until 2007, was the CFO of IDBI Federal Life insurance company in India until 2009, and was then appointed Regional CFOCRO of Ageas Asia overseeing the finance, investment, risk and actuarial areas in the Asia region. He has served as NonExecutive Director on the Boards of the Company operations in China, India, Hong Kong and Thailand. since 2015.
Age 59
Tenure 9 years
Professional MarksMBA
Phone32 2 557 57 11
Webhttps://www.ageas.com

Ageas SA/NV Management Efficiency

Ageas SA/NV's management efficiency ratios could be used to measure how well Ageas SA/NV manages its routine affairs as well as how well it operates its assets and liabilities.
ageas SANV has accumulated 3.65 B in total debt with debt to equity ratio (D/E) of 0.74, which is about average as compared to similar companies. Ageas SA/NV has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Ageas SA/NV until it has trouble settling it off, either with new capital or with free cash flow. So, Ageas SA/NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ageas SA/NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ageas to invest in growth at high rates of return. When we think about Ageas SA/NV's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Ricard WennerklintSampo Oyj
54
Philippe DonnetAssicurazioni Generali SpA
63
Antonio CangeriAssicurazioni Generali SpA
57
John LapvetelainenSampo Oyj
57
Morten ThorsrudSampo Oyj
52
Isabelle ConnerAssicurazioni Generali SpA
59
John LapvetelainenSampo OYJ
57
Alban NesleAXA SA
53
Ingrid HoltheSampo OYJ
41
Alison MartinZurich Insurance Group
49
Cristiano BoreanAssicurazioni Generali SpA
50
Torbjorn MagnussonSampo Oyj
60
Dailah NihotNN Group NV
50
Cristiano BoreanAssicurazioni Generali SpA
50
Monica PossaAssicurazioni Generali SpA
59
Maurizio BassoAssicurazioni Generali SpA
61
Janet StuijtNN Group NV
54
Andrew WallaceBarnettAXA SA
N/A
Tjeerd BosklopperNN Group NV
48
Philippe DonnetAssicurazioni Generali SpA
63
Antonio CangeriAssicurazioni Generali SpA
57
ageas SANV, together with its subsidiaries, engages in insurance business in Europe and Asia. The company serves private individuals, as well as small, medium-sized, and large companies through independent brokers and the bank channels. ageas SANV was founded in 1824 and is headquartered in Brussels, Belgium. Ageas NV operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 10101 people. ageas SANV [AGESY] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Ageas SA/NV Leadership Team

Elected by the shareholders, the Ageas SA/NV's board of directors comprises two types of representatives: Ageas SA/NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ageas. The board's role is to monitor Ageas SA/NV's management team and ensure that shareholders' interests are well served. Ageas SA/NV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ageas SA/NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bart Smet, CEO and Executive Director
Steven Braekeveldt, Member of the Management Committee and CEO of Continental Europe
Hans Cuyper, CEO Director
Filip Coremans, Chief Risk Officer
Gary Crist, Member of the Management Committee and CEO Asia
Christophe Boizard, CFO Director
Emmanuel Grimbergen, Member of Management Committee and Group Risk Officer
Veerle Verbessem, Group Relations
Jerry Bata, Head Legal
Antonio Bosque, MD Director

Ageas Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Ageas SA/NV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ageas Pink Sheet Analysis

When running Ageas SA/NV's price analysis, check to measure Ageas SA/NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ageas SA/NV is operating at the current time. Most of Ageas SA/NV's value examination focuses on studying past and present price action to predict the probability of Ageas SA/NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ageas SA/NV's price. Additionally, you may evaluate how the addition of Ageas SA/NV to your portfolios can decrease your overall portfolio volatility.