Storms may not hit full year figures, says Ageas’ Watson
The surges of winter storm and flood claims which drove Ageas into reporting a Q1 loss this morning may be immaterial to full year results according to UK chief executive Andy Watson.
Speaking to Post after the insurer reported moving from a 2013 Q1 profit of £19.4m to an equivalent 2014 figure of a £4.6m loss, Watson, pictured, sought to play down the long term impact of the spate
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