Ranking · Insurance, reinsurance and pension funding, except compulsory social security

Insurance, reinsurance and pension funding, except compulsory social security: largest employers

86 Belgian companies in the sector (NACE 65) report employees in recent accounts; here are the top 20. AG Insurance leads with 4,379.8 FTE (financial year 2025).

Top 20

Ranked by average headcount (FTE) reported in the latest filed accounts (accounts less than 3 years old).

#Company Total assetsRevenue EquityFTEYear
1 AG Insurance 1000 Brussels €76.3bn — €58.4bn 4,379.8 2025
2 KBC Assurances 3000 Leuven €37.3bn — €18.2bn 1,020.0 2025
3 NN Insurance Services Belgium 1060 Saint-Gilles €10.5m — €4.69m 135.2 2025
4 Euler Hermes 1000 Brussels €5.70bn — €3.21bn 134.7 2025
5 Qover 1000 Brussels €35.3m €13.0m €9.21m 116.2 2025
6 Mutualistische Alarmcentrale MUTAS 1731 Asse €16.5m €9.95m — 104.4 2025
7 Legal Village 1000 Brussels €10.5m €12.9m €7.93m 87.4 2025
8 Optimco 2610 Antwerp €4.47m €11.2m €3.06m 59.7 2025
9 Homeras 1000 Brussels €4.85m €6.95m €3.26m 55.0 2025
10 YAGO 1040 Etterbeek €10.2m €5.85m 404,334 € 54.8 2025
11 Bamps-Laevers Verzekeringen 3600 Genk €12.7m — €2.15m 39.3 2025
12 VANDER HAEGHEN en Co 1950 Kraainem €8.07m €12.4m €1.52m 34.4 2025
13 Jacques Meuwese et Kriss Gulbis 1180 Uccle €4.59m — 290,927 € 22.9 2025
14 HUPE 6220 Fleurus €1.96m — €1.42m 19.3 2025
15 Marsh Re (Belgium) 1160 Auderghem €27.2m — €1.43m 17.0 2025
16 Assurteam 1150 Woluwe-Saint-Pierre €5.25m — €2.55m 13.1 2025
17 MSIG Specialty Marine 1030 Schaerbeek €27.4m €53.5m €8.72m 12.6 2025
18 DELA Enterprises 2000 Antwerp €3.66m — €1.72m 10.4 2025
19 Trialis 4780 Sankt Vith €3.92m — €2.47m 9.5 2025
20 Les Conseillers 2.0 7080 Frameries €3.00m — 186,661 € 8.1 2025

Headcount reported by the company for all its sites: the jobs may be located elsewhere.

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

← The whole Insurance, reinsurance and pension funding, except compulsory social security sector

Frequently asked questions

Who is the largest employer in Insurance, reinsurance and pension funding, except compulsory social security?

AG Insurance, with 4,379.8 full-time equivalents reported (financial year 2025).

How many Insurance, reinsurance and pension funding, except compulsory social security companies report employees?

86 out of 365, in accounts less than 3 years old.

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 13 Nov 2026.