Profits fall for 2015 but CEO says that COR would have performed 4.2% better were it not for UK December storms and floods.
Andy Watson, Ageas UK CEO, has advised that he is "not concerned" about the falling profit and deteriorating combined operating ratio (COR). Results for 2015 showed a net profit fall to £21.4m (2014:...
Motor insurers fear news could have negative impact on the UK insurance market.
Brown says no deals on current agenda but does not rule out acquisitions down the line. Business also seeking to develop London specialty and private client market.
Regional broker plans to grow through acquisitions.
Motor broker sees 77% increase in pre tax profit according to results for 2015.