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Fortis SA/NV stoically defends its fortress of insurance offerings, though its financial service ramparts have been pillaged. The company continues to provide life, health, and property/casualty insurance in Belgium and Luxembourg, as well as other European and Asian countries. Laid low by high debt and the contraction of credit markets in 2008, the firm received a hefty bailout from the Benelux governments. Fortis then sold its Dutch units to the Netherlands government and its remaining bank operations to BNP Paribas. Fortis SA/NV is the Belgian half of the larger Fortis holding organization. Fortis SA/NV and its sister company, Dutch-traded Fortis N.V., have identical operations and are known simply as Fortis.
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| | | Contact Information | |
Address: |
Rue Royale 20
1000 Brussels, Belgium
| | Phone: | +32-2-510-52-11 | | Fax: | +32-2-510-56-30 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 16888.60 M | | Revenue Growth (1 yr): | (-90.50%) | | Employees (2007): | 62,009 | | Employee Growth (1 yr): | 3.80% |
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Key People
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Chairman:
Jozef De Mey
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CEO:
Bart De Smet
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CFO:
Patrick Depovere
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