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Ageas Re partners with Triglav Group to reinsure Prima's Italian motor insurance, aiming for €500M inflows.
Ageas Re, part of Ageas Group, is partnering with Slovenian insurer Triglav Group to reinsure 80% of Prima's motor insurance business in Italy.
This move, aligned with Ageas's Elevate27 growth strategy, taps into Italy's €15 billion profitable motor insurance market.
Ageas expects to receive over €500 million in inflows and a Net Operating Result of about €15 million from this partnership in 2025 and 2026.
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Ageas Re se ha asociado con el Grupo Triglav para reasegurar el seguro de automóviles italiano de Prima, con el objetivo de obtener 500 millones de euros.