As of 15 April 2025, Marie-Hélène Massard has taken over as managing director and CEO of Foyer. “It is an honour to succeed Marc [Lauer], who has left a lasting, rich and inspiring mark on Foyer’s history,” she commented. “With the teams, I am determined to continue the development he initiated, while staying true to what defines the group’s strength and identity.”  Photo: Nader Ghavami

As of 15 April 2025, Marie-Hélène Massard has taken over as managing director and CEO of Foyer. “It is an honour to succeed Marc [Lauer], who has left a lasting, rich and inspiring mark on Foyer’s history,” she commented. “With the teams, I am determined to continue the development he initiated, while staying true to what defines the group’s strength and identity.”  Photo: Nader Ghavami

Revenue for Foyer in 2024 came to €3.49bn, the insurance group announced on 15 April 2025. Most of it (€2.4bn) was generated through the freedom to provide services regime, an increase of 57% compared to the previous year. Revenue from insurance in Luxembourg increased to €879.8m. Marie-Hélène Massard has also taken over as managing director and CEO.

It’s the beginning of a new era at Foyer. After 11 years as managing director, is stepping down from this position and has been appointed chairman of the board, succeeding Eric Kleynen.  has now taken over as managing director and CEO of Foyer. , which are official as of 15 April 2025, the insurance group also released its 2024 annual results.

Revenue thanks to insurance in Luxembourg rose to €879.8m (up from €826.6m in 2023), whilst revenue from life insurance under the freedom to provide services (FPS) regime came in at €2,402.3m (an increase of more than 57% compared to 2023, when that figure stood at €1,529.4m). Earned premiums net of reinsurance climbed to €3,493.2m in 2024 (up from €2,542.7m in 2023).

Figures from insurance in Belgium also increased, up from €37.2m in 2023 to €39.9m in 2024. Health insurance for expats was up as well, reaching €171.2m in 2024 (versus €149.6m in 2023). Operating income, tax and net income all increased from the year before, said Foyer’s annual report.

In addition, Foyer noted that Romain Becker had left the board and expressed its “warm appreciation for his active and committed contribution.” Becker had been part of the board since 2000. Antonio Caño (formerly CEO of AG Insurance, currently managing director at Ageas and member of the supervisory board at Achmea) and  (formerly CEO of Degroof Petercam, board and exco member of the Belgian financial sector federation Febelfin, and member of the board of directors of Baloise Group) have been appointed as new board members.

Founded in 1922, Foyer acquired IWI International Wealth Insurer in 2017 (which subsequently became Wealins) and (which then became Foyer Global Health). The group operates in 11 European countries and has more than 1,600 employees and agents.

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