Ageas UK sees profits fall after €31m Ogden hit and declining motor COR
Ageas UK continued to be hammered by the impact of the Ogden rate changes, with profits falling 73% in its H1 result.
The insurer saw its pre-tax result fall from €43m (£38.8m) to €11.5m (£10.3m) in the first half of the year, compared to the same period last year.
The impact of the Ogden rate change on the business
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