Group 1 - Ageas updates its Net Operating Result guidance for the full year 2025, expecting it to range between EUR 1.6 billion and EUR 1.65 billion, an increase from the previous guidance of EUR 1.3 billion to EUR 1.35 billion [2] - The positive adjustment is attributed to a one-off impact on deferred taxes resulting from the transition to IFRS17/9, as announced by the Chinese Ministry of Finance and the State Administration of Taxation [1][2] - Ageas's Chinese joint venture, Taiping Life, will benefit from this update, contributing to the improved financial outlook for the company [2] Group 2 - Ageas is a Belgian international insurance group with a 200-year heritage, offering both Life and Non-Life insurance products [3] - The company operates in Europe and Asia, with significant market presence in countries such as Belgium, the UK, Portugal, China, and Malaysia, among others [3] - Ageas reported annual inflows of EUR 18.5 billion in 2024 and employs approximately 50,000 people [3]