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Home > Company Index > Insurance > Multiline Insurance > Fortis (B)

Fortis (B)
 NEWS FROM THE STANDARD
Razorfish Catches Another One
Aug 10 1999 12:00 AM PDT

Health Insurers Move Online
Mar 29 1999 12:00 AM PST

 PROFILE
Feeling fuzzy about the Fortis companies? Here's hoping this helps: Fortis (B), formerly Fortis AG, owns about half of financial concern Fortis, a joint venture with Fortis (NL), formerly Fortis AMEV, of the Netherlands. The joint venture provides banking, insurance, and investor services through companies in Belgium, the Netherlands, and the US. Fortis (B) and Fortis (NL) offer life and non-life insurance lines such as health, auto, and workers' compensation. Belgium accounts for nearly half of premiums; more than half of such premiums are derived from life insurance. Société Générale de Belgique owns about 21% of Fortis (B), which is selling its US subsidiary, Fortis Financial Group, to Hartford Financial.

 COMPETITION
AEGON N.V. (AEG)
AXA (AXA)
ING Groep N.V. (ING)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,148.50
1-Yr. Sales Growth: 82.6%

 KEY PEOPLE
• Maurice Lippens
    CEO

 CONTACT INFO
Rue Royale 20
1000 Brussels, Belgium
Phone: 32-2-510-52-11
Fax: 32-2-510-56-26
Online: Web Site

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