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BRIEF-Ageas says Q1 net profit at 30 mln euros
May 14, 2014 / 5:48 AM / 4 years ago

BRIEF-Ageas says Q1 net profit at 30 mln euros

May 14 (Reuters) - Ageas SA :

* Group combined ratio at 102.6 pct (versus 98.9 pct), impacted by weather events in the UK

* Q1 insurance net profit of 145 mln euros (versus. 157 mln euros)

* Q1 group net profit of 30 mln euros (versus. 293 mln euros)

* Insurance solvency at 209 pct; group solvency ratio at 213 pct

* Shareholders’ equity of 9.0 bln euros or 39.99 euros per share (versus. 8.5 bln euros end 2013 or 37.65 euros per share)

* CEO says we will concentrate in particular on getting non-life profitability back on track. Source text for Eikon: Further company coverage:

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