February 15, 2017 / 7:36 AM / in 8 months

BRIEF-Ageas Q4 insurance net result down of 87 pct to 18 million euros

Feb 15 (Reuters) - Ageas SA:

* Q4 insurance net result down of 87 percent to 18 million euros ($19.03 million) versus 142 million euros

* Insurance solvency II (Ageas) ratio above target at 182 percent

* Q4 net result impacted by exceptional items in the UK and Asia

* Proposed gross cash dividend of 2.10 euros, including 0.40 euros related to Hong Kong sale

* Q4 life net profit attributable to shareholders 81.1 million euros versus 147.1 million euros year ago

* 2016 result is driven by a resilient performance in Belgium and improved results in Asia and Continental Europe, affected however by disappointing results in the UK

* Q4 gross inflows (at 100 percent) 6.96 billion euros versus 7.02 billion euros year ago

* Q4 UK inflows were up 1 percent in local currency but suffered from worsening exchange rates

* Q4 non-life net loss attributable to shareholders 63.2 million euros versus loss 5.0 million euros year ago

* FY return on equity - insurance 12.0 percent versus 11.0 percent year ago Source text for Eikon: Further company coverage: ($1 = 0.9458 euros) (Gdynia Newsroom)

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