Smith praises transformation at Ageas

Barry Smith chief executive Ageas UK

As part of the group results for the first nine months of 2011 Ageas Insurance reported a near trebling in pre tax profit to £41.8m as it moved through the 100% combined operating ratio to 99.8%.

Mr Smith told Insurance Age: "We are really pleased with the nine months. We did a lot of good things last year on product and pricing and linked to concluding the Tesco deal.

"This year is important for us in terms of delivery. What we can see is a lot of evidence of transformation and step change in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: