as at 09 Oct 2026
Insurance Asset News
Investment Strategy

Ageas takes €1.1bn and 25 solvency points from its Etiqa exit

By IAN Editorial Desk
3 August 2026·1 min read
Primary source: ageas.com

The price values Maybank Ageas Holdings at €3.5bn, twice its 2025 IFRS book value.

Ageas agreed on 3 August to sell its 30.95% holding in Maybank Ageas Holdings Berhad to its joint-venture partner Maybank for €1.1bn in cash, including a €53m pre-completion dividend. The holding company trades as Etiqa and is the largest non-life takaful writer in Malaysia, with life and non-life positions there and a Singapore business built since 2014. Completion is expected…

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