The shareholders

The shareholders of PECOMA Actuarial and Risk S.A.

  • Banque et Caisse d'Epargne de l'Etat

The BCEE was founded in 1856.

Alongside its traditional activities as a universal bank in Luxembourg, BCEE is one of the first addresses in the local market as depositary and fund manager for private and institutional customers. BCEE has a rating of Aa1/AA+. The state of Luxembourg is the only shareholder.



LALUX is a financial group completely owned by Luxembourg shareholders. The group controls amongst others the insurance company LALUX (non-life insurance) and LALUX-Vie (life assurance), one of the main providers of group insurance in Luxembourg.

LALUX-Vie is one of the leading life assurance companies in the local market and disposes of deep expert knowledge regarding the structuring of occupational pensions, actuarial calculation and evaluation of commitments in pensions.