Ageas grew UK premiums by 21% final 12 months to €1.85bn (£1.52bn) pushed by increasing the shopper base and premium price in motor, its guardian has confirmed.
The Belgium-headquartered group didn’t present a breakdown of UK figures.
Nonetheless the European division, which incorporates the UK however not Belgium, had an improved mixed working ratio of 94.8%, from 95.9% in 2023, with Ageas highlighting: “The robust enchancment in comparison with final 12 months was primarily the results of a robust technical efficiency within the UK.”
The unit’s non-life working outcome additionally strengthened year-on-year by €35m to €119m with Ageas once more citing the “sizeable improve in comparison with
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