UK Ageas chief warns of slowing motor market
Andy Watson explains the performance of commercial lines and special risks which reported a 107.7% COR.
Ageas's UK chief has warned that the company is cautious about the motor market, adding that claims inflation remained a significant risk for the business.
The insurer, which recently published "solid" UK results for the first six months of the year, confirmed it would be monitoring the situation closely.
Ageas UK chief Andy Watson told Insurance Age: "We are a little cautious about motor going forward.
"We don't think price rises in the second half [of the year] will be as strong as in the
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