Insurance Post

Ageas completes £197m sale of Ageas Protect to AIG

andy-watson-ceo-ageas-uk-jan-13

Ageas has completed the sale of its 100% shareholding in Ageas Protect Limited to AIG for £197m.

The transaction, which was first announced on 6 August 2014, has been approved by the regulator.

Ageas Protect was launched in the UK in July 2008 and now has over a 5% market share in the UK

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