UPDATE 1-Ageas Q2 results boosted by gain in China

August 5, 2015 6:19 AM

37 0

BRUSSELS Aug 5 (Reuters) - Belgian insurer Ageas on Wednesday said its second-quarter net profit was boosted by gains in Asia, though profits in Belgium and Britain fell.

The company, formerly the insurance unit of bailed out and broken up Belgian-Dutch group Fortis, said net insurance profit rose by 57 percent to 306 million euros ($332.4 million), boosted by a one-off gain of 100 million euros in China.

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

Read more

To category page

Loading...