Discover our summary of the major headlines in the insurance industry in Belgium with just a scroll!
Complementary pensions – Fiscal and social amounts for 2025
19/03/2025 – Source
Nexyan provides an overview of the updated fiscal and social limits for complementary pensions in Belgium for the year 2025 (to be declared in 2026). Key changes include the maximum deductible amount for individual pension commitments, which has increased to 3060 euros. Former employees can continue to finance their pension complementarily for up to €3010 annually if their new employer doesn’t offer a pension plan. Other updates cover tax treatment in case of advances or pledges for mortgage loans linked to pension plans, as well as contribution limits for free pension schemes for employees, which now stands at 1970 euros. The article also details tax rates on capital, the professional withholding rates, and the pension-related salary caps, including the pension ceiling for 2024 set at 80,485.32 euros.
New report by VIAS Institute on truck accidents in Belgium and Europe
17/03/2025 – Source
Over the past decade, truck accidents have declined more than any other type of road accident, but they remain the most severe. Fatalities mainly involve those colliding with trucks rather than truck occupants, with Belgium reporting 53 deaths per 1,000 truck accidents—lower than the European average of 82. However, the decline has stagnated in recent years, with Belgium’s progress slightly trailing the European average (Read the report here).
Allianz 2024 Annual Report with enhanced ESG transparency
14/03/2025 – Source
Allianz has published its 2024 annual report, which, for the first time, integrates both financial performance and detailed insights into its environmental, social, and governance (ESG) progress. This marks a significant step in aligning with the Corporate Sustainability Reporting Directive (CSRD), the European standard for sustainability performance reporting.
The report shows Allianz’s commitment to sustainability, achieving notable reductions in greenhouse gas emissions across its insurance, investment, and operational sectors. The company’s sustainable investments rose by 2.7% to €171.9 billion, while revenue from sustainable solutions in the Property & Casualty sector increased by €1.9 billion. Key achievements include a 50.7% reduction in investment-related GHG emissions since 2019 and an 11.7% drop in commercial insurance emissions since 2022.
AG transforms workplaces sustainably five years after covid
14/03/2025 – Source
Five years after the pandemic, AG has completed significant renovations in its offices to sustainably adapt to hybrid work. After a rapid shift to remote work in 2020, the insurer reorganized its post-Covid operations with a minimum of two days of in-office presence per week, promoting work-life balance and team spirit. To support this evolution, AG launched a modernization of its workspaces across 50,000 m² in Brussels, Antwerp, and Charleroi in 2022. These offices, now more open and flexible, feature dedicated areas for concentration, collaboration, and socialization. This new environment aims to improve employee well-being and strengthen corporate culture, a key priority for AG.
Domestic violence: Towards guaranteed legal protection
13/03/2025 – Source
Minister Rob Beenders is calling on the insurance sector to take responsibility and extend legal protection coverage to victims of domestic violence. Currently, many insurance companies refuse to cover disputes between partners, leaving victims without recourse. Beenders emphasizes that victims who pay their premiums should be able to rely on legal protection, even in cases of violence within the couple. He proposes requiring insurers to intervene in these cases to provide legal assistance to victims, particularly in instances of harassment or violence by an ex-partner. The minister has stated he is ready to intervene legislatively if the sector does not adapt its practices. In 2023, 23,277 cases of physical violence within couples were recorded, including 223 cases of sexual violence. Data from Centers for the Care of Victims of Sexual Violence show that many victims still do not dare to file a complaint.
Carrefour launches "Caddy Protect" insurance to support customers in financial hardships
06/03/2025 – Source
Carrefour, in partnership with Carrefour Finance and CNP Assurances, has introduced “Caddy Protect,” an insurance designed to help customers maintain their purchasing power in times of financial difficulty. For just €2.90 per month, the insurance offers financial support in case of job loss, accidental hospitalization, incapacity to work, or loss of autonomy. This accessible, 100% digital solution is available to individuals aged 18 to 80 and is free from medical formalities. Carrefour continues to diversify its services in Belgium, offering customers innovative solutions like mobile phones, photo printing, travel, and second-hand items.
Issue 41 of The European Actuary
01/03/2025 – Source
This month’s issue features the following articles :
- “Harnessing the power of AI for actuaries” – Interview with Ronald Richman
- “Introduction to a Quantum Toolbox” by Muhammad Ahmer Amjad
- “ERM, Actuary and Double Materiality: the new challenge” by Marianna Duca
- “Re-cap of the “Empowering Tomorrow: Young Actuaries Leadership and Career Development Seminar” by the Young Actuaries Initiative”, by Samuel Cywie and Dr. Daniel Jung
- “The Impact of the European Artificial Intelligence Act on Actuaries: Between Challenges and Opportunities” by Clara Sikorski, CIPP/US, CIPP/E, CIPM, FIP
- “Leveraging LLMs for Code Conversion in Finance: Best Practices and Challenges” by Bram Jochems
And a brilliant column from Actuarial Association of Europe Board member, Frank Schiller.
Survey on pensions by Acerta : A record number of workers retire before age 65
20/02/2025 – Source
A little over four out of ten workers (42.8%) who retired in 2024 did so before the age of 65, the legal retirement age until 2025. This is the highest number ever recorded and represents an increase of nearly 3% compared to the previous year. The average retirement age for workers in our country is therefore 63 years and 5 months. Current measures aimed at encouraging people to postpone their retirement have not had the desired effect. It remains to be seen whether the measures from the government agreement will have an impact on this situation. (Read full survey).
The Cyber Security Coalition: 10 Years of collaboration against cybercrime
20/02/2025 – Source
Founded in 2015, the Cyber Security Coalition celebrates its 10th anniversary. Originally a collaboration between the private sector, government, and academia, the coalition has evolved into a community of over 1,000 members. It continues to strengthen cybersecurity in Belgium through initiatives focused on awareness, networking, and knowledge sharing. Jan De Blauwe, President of the Coalition, outlines five priorities for the coming years: protecting democracy, investing in cybersecurity expertise, fostering innovation through collaboration, anticipating emerging technologies, and securing supply chains. The coalition aims to position Belgium as a leader in cybersecurity by addressing these strategic challenges.
HelloSafe expands into global travel Insurance market with Innovative Tools
12/02/2025 – Source
HelloSafe, a leading insurance comparison platform, has launched its travel insurance offering globally. The travel insurance market is growing rapidly, driven by increased awareness, rising international travel, and regulations requiring insurance for entry in certain countries. HelloSafe offers a unique travel insurance comparator and other innovative tools to help consumers select the best coverage. With its technology, it aims to simplify the process for travelers and is expanding its services to over 30 countries. The company continues to expand globally, already operating in over 15 countries, and is poised to meet the increasing demand for digital travel insurance solutions.
