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Increase of 57% of LPS life insurance revenue for home

Increase of 57% of LPS life insurance revenue for home
Increase of 57% of LPS life insurance revenue for home
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This is the start of a at Foyer. After 11 years as a delegated administrator, Leaves his duties and is appointed Chairman of the Board of Directors, succeeding Eric Kleynen. Resumes the function of managing director and CEO of home. Parallel to which are official from April 15, 2025, the insurance group also published its 2024 annual results.

Insurance turnover in Luxembourg increased to 879.8 million euros (compared to 826.6 million euros in 2023), while free life insurance (LPS) revenues amounted to 2,402.3 million euros (an increase of more than 57% compared to 2023, where they amounted to 1,529.4 million euros). The bonuses acquired net reinsurance increased to 3,493.2 million euros in 2024 (against 2,542.7 million euros in 2023).

Insurance figures in also increased, from 37.2 million euros in 2023 to 39.9 million euros in 2024. insurance for expatriates is also up, reaching 171.2 million euros in 2024 (against 149.6 million euros in 2023). The operating profit, and net profit have all increased compared to the previous year, indicates the annual focus report.

In addition, Foyer noted that Romain Becker had left the Board of Directors and expressed his “vivid thanks for his active and committed contribution”. Romain Becker has been part of the board of directors since 2000. Antonio Caño (formerly CEO of AG Insurance, currently Managing Director of Ageas and member of the Achmea Supervisory Board) and (Formerly CEO of Degroof Petercam, member of the Board of Directors and the Exemption from the Federation of the FEBELFIN financial sector, and member of the Baloise Group Board of Directors) have been appointed as new members of the Board of Directors.

Founded in 1922, Foyer acquired Iwi International Wealth Insure in 2017 (which then became Wealins) and (which then became Global Health Foyer). The group operates in 11 European countries and has more than 1,600 employees and agents.

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