Menu Close

What is Euromex?

What is Euromex?

Euromex is a non-life insurance company and more specifically legal protection. It operates under the legal form of Limited Liability Company. Euromex is part of, and strongly embedded in the Baloise Group (owned by Baloise Holding Ltd, Switzerland, a Swiss based financial services provider, which offers insurance and pension solutions).

How does Euromex value its assets and liabilities?

In practice, this means that in general, the company uses either observable market values or values based on accepted methods and models. For corporate reporting purposes, Euromex also valuates its assets and liabilities according to (local) Belgian general accounting principles (BGAAP).

What is Euromex’s ALM policy?

Euromex’ active ALM policy can be considered as its main risk mitigating technique w.r.t. the management of the interest risk. Nevertheless the duration gap increased from 2015 to 2016 as Euromex has chosen to sell the bond portfolio of good quality and to reinvest in bonds with a smaller duration afterwards.

Where can I find Euromex in Antwerpen?

Euromex NV / Prins Boudewijnlaan 45 – 2650 Edegem / Verzekeringsonderneming toegelaten onder nr. 0463 onder de controle van de Nationale Bank van België, de Berlaimontlaan 14, 1000 Brussel RPR Antwerpen 0404.493.859

Posted in Advice