Watson welcomes Ageas results
But says that motor is an “attention point for us” as it seeks to drive down COR further.
Ageas UK CEO Andy Watson praised the company's results for quarter one of 2015 and put the COR improvements across the business down to benign weather compared to last year and continuation of its strategy.
Watson told Insurance Age: "The major factor would be that in the first quarter of last year there was flooding and storms. This year there was nothing like the same level of flooding."
Ageas UK reported a COR of 99.4% for the first quarter of 2015 an improvement on the COR 106.1% it posted
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