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Ageas faces further Ogden hit of up to €15m in second half

Andy Watson

Ageas will see a further hit of up to €15m (£13.5m) in the second half of the year from the Ogden rate change.

Andy Watson, UK CEO, said the further hit of between €10m-€15m would be in addition to the €31m in the first half of the year.

The insurer saw its UK general insurance pre-tax result fall from €43m (

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