Ageas profits up 5.6% amid tough retail trading environment
Ageas has chalked up a 5.6% rise in its net profit in the opening nine months of 2013, despite gross written premiums generated by Tesco Underwriting plummeting £133m on the previous year.
While net profit stands at £73.7m (9M 2012: £69.8m), the inclusion of Groupama into the Ageas business has been credited in part for a 6% rise in total income at the nine month stage, against a
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