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Ageas reports ‘profitable but challenging' Q1 figures

profit-graph

Ageas UK has reported a net profit of £12m for the first three months of 2015 compared to a loss of £4.5m in the same period of 2014.

A net profit of £14.1m was recorded for the non-life division from a loss of £8.2m the year prior.

Total income dropped to £459.1m (Q1 2014: £501m) and total non-life gross written premiums also

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