Ageas sees GWP growth despite weather claims hitting profits

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Ageas has seen its consolidated UK combined operating ratio rise to 100.1% for the first half of 2016 as a result of flash floods and storms in June.

The insurer saw net profits fall to £27.1m compared to £29.5m for the same period last year, a drop of 8.9%. Ageas's consolidated UK combined ratio rose to 100.1% (H1 2015: 98.6%), which includes a 2%

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