Under the chairmanship of Jozef De Mey, Ageas evolved towards a self-confident and profitable insurance group, leaving all the Fortis legacies behind, while further development – developing its presence in Europe and Asia.
Take context from the input text and decide on the accurate relationship between 'Ageas' and 'insurance' from the options provided.
Options: location of formation, distributed by, product/material produced, distribution format