9M 16 insurance net profit stood at €803m, up 31% year-on-year. The operating result of Life’s consolidated entities increased by 14% to €437m (+16% in Q3 to €112m) and net profit reached €622m (+46% yoy) with an excellent Q3 to €118m. 9M 16 Non-Life insurance’s net profit stood at €181m vs. €187m a year before. The Q3 15 recorded an 18% increase to €77m. Group inflows including non-consolidated partnerships at 100% reached €24,692m (up
16 Nov 2016
Robust Q3, targets on track
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Robust Q3, targets on track
ageas SA/NV (AGS:WBO) | 0 0 0.6% | Mkt Cap: 8,608m
- Published:
16 Nov 2016 -
Author:
Bassem Neifer -
Pages:
3
9M 16 insurance net profit stood at €803m, up 31% year-on-year. The operating result of Life’s consolidated entities increased by 14% to €437m (+16% in Q3 to €112m) and net profit reached €622m (+46% yoy) with an excellent Q3 to €118m. 9M 16 Non-Life insurance’s net profit stood at €181m vs. €187m a year before. The Q3 15 recorded an 18% increase to €77m. Group inflows including non-consolidated partnerships at 100% reached €24,692m (up