Automatic motor premium refunds little more than a ‘marketing initiative’: Ageas CEO Bart De Smet
Providing premium refunds of £20 to £25 to all motor policyholders in the wake of Covid-19 behaviour changes amounts to little more than a “marketing initiative”, Ageas CEO Bart De Smet has said.
Speaking in a Q1 trading update call with analysts today, De Smet, pictured, flagged that regulators in different countries have taken different stances on motor premium refunds, which he described as
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