Ageas posted an 8% increase in its inflows to €12,808m, driven by both the Life and Non-Life businesses. The net result was up 1.2% to €251m, saved by lower losses from the General Account (€-7m vs. €-52m in Q1 18). While the decrease in the Non-Life business was expected, as it is under transformation, the Life earnings were hit by timing differences on capital gains. The Solvency II ratio stood at 194%. Released figures are broadly in line with estimates.