Motor helps Ageas UK’s COR to stay below 100
Ageas UK has reported a 99% total combined ratio (Q1 2015: 99.7%), driven by improved motor COR of 98.7% (Q1 2015: 106.4%), but other non-life ratios were weaker compared to this time last year.
Non-life household COR was up to 94.9% (Q1 2015: 87.4%), accident and health 109.1% (Q1 2015: 103.7%), and commercial and special risks 106.4% (Q1 2015: 89.9%).
However both gross written premium and
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