Ageas boss 'confident' of an equally impressive Q4
Ageas chief executive Barry Smith is confident the company will continue to buck the trend in combined motor ratio for the fourth quarter after today posting impressive motor COR results of 96.4%.
Smith, who declared himself "delighted" with Q3 results which showed a 16.8% increase in GWP for the first nine months of 2011, stopped short of issuing an end of year prediction. However, he stated
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