With a heritage spanning 190 years, Ageas operates in 13 countries across Europe and Asia, and derives most of its income from life and savings, mostly from Belgium. It was formed after Fortis Insurance was renamed in 2010 and concentrates its activities in Europe and Asia, where it operates successful insurance businesses through a combination of wholly owned subsidiaries and long-term partnerships. Ageas ranks among the market leaders in the countries in which it operates, has over 40,000 employees, and reported annual inflows close to EUR 32 billion in 2016.