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Storms push Ageas to £4.6m Q1 loss

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Storm and flood losses damaged Ageas’ financial performance in Q1, with the insurer swinging to a £4.6m loss.

The insurer reported a £19.4m profit at the same stage of 2013, and said that excluding weather events it would have reported a net profit of £24.6m.

Combined ratio for the quarter was 106.1%, a sharp

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