Watson defends Tesco Underwriting's GWP slump
Ageas UK chief executive Andy Watson has defended Tesco Underwriting’s £133m gross written premiums slump after posting a GWP of £341.1m for the first nine months of the year.
According to Watson, Ageas has implemented a "cleansing" strategy that has improved the business' loss ratio.
Tesco Underwriting is a motor and household insurance partnership with Tesco Bank, which
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