Ageas' net profit up following focus on commercial lines
Profit in retail business continues to decline.
Ageas Insurance has reported a net result of £30.4m (2014: £21.8m), according to its financial results for the first half of 2015.
The company said the increase was a result of a "continued good performance in its commercial lines business with brokers" as well as relatively benign weather in the first quarter of the year.
The insurer saw a fall in gross written premiums from £717.6m in the first half of 2014 to £681.5m this year.
Personal lines
According to Ageas the company has taken pricing
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