Ageas UK reports £16.6m GI loss in 2010, after Q4 weather claims hit
Ageas UK's general insurance made a loss of £16.6m on gross written premium of £925.1m (an increase of 14.9% on 2009) in 2010.
Excluding the impact of the bad weather, profit before tax was £41.1m and its non-Life combined ratio improved to 103.8% (108.1% 2009), the group added.
Growth in the personal lines business reflected
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