Insurance Post

Ageas UK grows profits as Watson hails upward motor pricing trend

Graphic showing rise in money

Ageas UK has reported an increased net profit for the six months ended 30 June 2015 to £29.5m (H1 2014: £25.3m) and an improved combined operating ratio of 98.3% (H1 2014: 100.7%).

The insurer said its results were reflective of benign weather over the period and an improved result in the commercial division.

Ageas UK's total income, including that from Tesco Underwriting

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