Profits up at Ageas

Barry Smith chief executive Ageas UK

The results were formed by profits in several divisions.

Ageas Insurance saw profits rise 64% to £38.9m (H1 2011: £23.7m). The provider cited an expanding book in private car and commercial vehicle and taking pre-emptive actions to protect its result in other areas such as household for this result.

Total gross written premiums (GWP) during the first half of 2012 increased by 6.8% to £589m (H1 2011: £551.6m) in the division.

Income from motor business, including private car and commercial

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: