Analysis: Ageas and Tesco joint venture labelled success with separation on horizon

Tesco

Experts have predicted an increase in partnerships in the insurance industry but do not see another joint venture on the horizon, as Tesco gears up to buy out Ageas' share of their Tesco Underwriting joint venture.

Insurer and broker experts have hailed the Tesco Underwriting joint venture between Ageas and Tesco as a success and said that the expected upcoming separation was no surprise.

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