Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
Ageas UK and Groupama have agreed to try to thrash out a deal within four weeks.
If agreed, this would create a firm with a combined non-life gross written premium of £2.13bn, placing it as high as
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