Benign weather and rate rises result in record reported profits for insurers
Insurers have reaped the rewards of benign weather and rate rises in catastrophe hit regions, but analysts warn the worst could be yet to come.
A number of insurers have reported record profits for Q1 of 2012. Allianz's UK gross written premium jumped by 6.7% to €568m (£455m) and Ageas' overall general insurance GWP increased 10.8% to £446m.
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