Q1 16 insurance net profit stood at €201m, up 1.5% yoy. Life’s net profit reached €143m (-3% yoy). Non-Life Insurance’s net profit stood at €57m vs. €50m a year before. Group inflows including the non-consolidated partnerships at 100% reached €11,111m (up 11% yoy), of which €9,377m related to the Life business (+14% yoy) and €1,734m related to the Non-Life division (steady relative to Q1 15). The group’s combined ratio stood at 97.8% (vs. 9
19 May 2016
Tomorrow will be better
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Tomorrow will be better
ageas SA/NV (AGS:WBO) | 0 0 0.6% | Mkt Cap: 8,608m
- Published:
19 May 2016 -
Author:
Bassem Neifer -
Pages:
2
Q1 16 insurance net profit stood at €201m, up 1.5% yoy. Life’s net profit reached €143m (-3% yoy). Non-Life Insurance’s net profit stood at €57m vs. €50m a year before. Group inflows including the non-consolidated partnerships at 100% reached €11,111m (up 11% yoy), of which €9,377m related to the Life business (+14% yoy) and €1,734m related to the Non-Life division (steady relative to Q1 15). The group’s combined ratio stood at 97.8% (vs. 9