Ageas reports 95.2% COR


Ageas has recorded an improved COR of 95.2% (2019: 98.7%) for the full year 2020 despite encountering difficult weather events in February, August and December.

Ageas said the COR was influenced by the improved claims environment in the motor space during the 2020 lockdown which saw fewer cars on the roads and fewer accidents which offset claims arising from storms and flooding.

Group income was £1.4bn, slightly down on the £1.5bn achieved in 2019. The insurer stated this was due to its

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: