Discover our summary of the major headlines in the insurance industry in BeLux with just a scroll!
The P&V Group Wins the “Prix Inspiration de l’économie sociale”
21/10/2024 – Source
The P&V Group was one of the 8 candidates competing for a Social Economy Award, a distinction awarded to businesses and organizations in Brussels and Wallonia that stand out for their societal impact. The award recognizes initiatives that place people at the heart of their operations, thereby contributing to a solidarity-based, fair, and sustainable economy. Hilde Vernaillen, CEO of the P&V Group: “The ‘Inspiration’ Award perfectly aligns with our desire to encourage social economy project leaders and to foster ambitious entrepreneurial initiatives. Actors in the social economy must dare: dare to think big and dare to enter new sectors. Through cooperative values, we can build a fairer and more supportive world”
Belgium has the 15th best pension system.
18/10/2024 – Source
According to the Global Pension Index established by the research institutes Mercer and CFA Institute, Belgium has the 15th best pension system worldwide. The Netherlands ranks first, having the best pension system.
Read the full report: https://rpc.cfainstitute.org/-/media/documents/article/industry-research/mercer-global-pension-index-2024.pdf
Inauguration of a New Research Chair in Insurance at KU Leuven, Supported by AG Insurance
17/10/2024 – Source
On October 16, KU Leuven inaugurated a research chair in insurance, supported by AG Insurance and led by Katrien Antonio. This program will focus on developing new analytical methods to address losses related to emerging risks, such as vehicle electrification and the impacts of climate change. The chair aims to enhance the understanding and insurability of these new risks by utilizing exclusive data and conducting more in-depth research than has been done in the past, particularly on non-life risk types.
Analysis of Cafeteria Plans: Evolution of Workers' Choices in 2024
10/10/2024 – Source
A study by Acerta on over 11,000 Belgian workers reveals a significant 80% increase in requests for additional leave days in cafeteria plans in 2024, reaching 19.4% of choices. Pension savings remain the most popular option at 29%. Choices related to multimedia options, such as computers, are declining, while the selection of cars is decreasing in favor of bicycles. Catherine Langenaeken from Acerta emphasizes that this trend reflects the need for a balance between professional and personal life, intensified by remote work. The budgets primarily come from bonuses and incentives, although the inclusion of these options depends on employers.
OneLife Opens a Branch in Belgium to Strengthen Its Local Presence
02/10/2024 – Source
OneLife, a leader in Luxembourg life insurance providing services in Belgium, has inaugurated a branch in Auderghem, Brussels, to expand its offerings in the Belgian market. This new branch will enable the provision of life insurance contracts tailored to the needs of local clients, such as BeLife, a branch 23 contract available from €10,000, which offers investment flexibility and asset protection. With secure online tools and the ability to optimize investments, OneLife aims to meet the expectations of its partners and clients regarding wealth management solutions.
