Ageas Group has reported non-life inflows for 2025 of £6.58bn, up by 14.4% on the £5.75bn achieved the previous year. Its non-life combined ratio improved to 92.5% from 93.6%. The group achieved a net operating result of £1.43bn, up by 33% on the previous year.

The group said its acquisition of esure had enabled it to become the third largest personal lines insurer in the UK, while its acquisition of Acromas Insurance Company Limited, Saga’s underwriting business, had further strengthen its proposition.

Hans De Cuyper, CEO Ageas, said: “The acquisition of esure, which positions us as the 3rd largest personal lines insurer in the UK, and securing the full ownership of Belgium’s number one insurer AG marked important steps in shaping the future profile of Ageas.

“The two transactions align with our diversification strategy, which centres on expanding our consolidated, cash-generating entities in Europe, sustaining a strong presence in growing Asian markets, and establishing reinsurance as an overarching business.”