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Ageas UK says long goodbye to Ogden impact as CEO Watson hails ‘strong’ motor performance

Andy Watson, CEO of Ageas UK

Ageas UK saw a threefold increase in profitability in its 2018 full year results, reporting a profit of £76.7m compared to £25.4m in 2017.

Its combined operating ratio improved to 96.8%, from 103.2% the previous year.

Its motor book posted a solid result, with a COR of 93.4%, an improvement from the 102.6% in 2017. Its operating profit

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