Non-life insurance: largest employers
45 Belgian companies in the sector (NACE 6512) 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 assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 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 | MSIG Specialty Marine 1030 Schaerbeek | €27.4m | €53.5m | €8.72m | 12.6 | 2025 |
| 12 | DELA Enterprises 2000 Antwerp | €3.66m | — | €1.72m | 10.4 | 2025 |
| 13 | Trialis 4780 Sankt Vith | €3.92m | — | €2.47m | 9.5 | 2025 |
| 14 | Promisia Assurances 4960 Malmedy | 901,325 € | — | 586,645 € | 7.9 | 2025 |
| 15 | European Liability Insurance for the Nuclear Industry 1140 Evere | €206.8m | — | €89.7m | 7.7 | 2025 |
| 16 | M D B Reinsurance Brokers 1180 Uccle | €19.3m | — | 847,611 € | 7.5 | 2024 |
| 17 | Andenne Assur-Finance 5300 Andenne | 986,851 € | — | 106,723 € | 7.1 | 2025 |
| 18 | SMA Belgium 1050 Ixelles | €1.77m | — | €1.38m | 7.0 | 2025 |
| 19 | Pro Aktief Verzekeringen 3840 Borgloon | 440,214 € | — | 24,162 € | 6.4 | 2025 |
| 20 | Omega Financial Advice 9830 Sint-Martens-Latem | €2.09m | — | 949,440 € | 6.0 | 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 Non-life insurance sector
Frequently asked questions
Who is the largest employer in Non-life insurance?
AG Insurance, with 4,379.8 full-time equivalents reported (financial year 2025).
How many Non-life insurance companies report employees?
45 out of 155, in accounts less than 3 years old.
Analyse companies in Non-life insurance
Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.
Open the full file →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 12 Nov 2026.