Tesco insurance partner Ageas UK reports £16.6 m profit in Q3
Ageas this morning reported UK non-life gross written premiums were up 14.1% to £703.9 m in the first nine months of 2010 compared to the same period last year.
However, its year-to-date net profit after non-controlling interests fell to €15.5 m (£13.3 m) compared to €26.9 m last year.
The lower net result compared to last year is due to lower investment
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