Ageas Insurance net profit rises to £46.2m

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Provider's profit for the first nine months of 2014 was £43.9m.

Ageas Insurance posted a net profit of £46.2m for the nine months to the end of September 2015 compared to the £43.9m it recorded for the same period last year.

The insurer said the result reflected a better performance in household and its commercial lines business with brokers as a result of increased focus and clarity of propositions.

Ageas Insurance's gross written premium (GWP) for the first nine months of this year was £1.05bn (9M 2014: £1.08bn).

Growth
The provider said in personal lines

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