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Ageas UK enters exclusive talks over Groupama’s UK non-life business

Ageas UK has entered into exclusive talks with Groupama UK regarding the sale of Groupama’s UK non-life insurance business.

Both parties have four weeks to conclude a deal before the exclusivity arrangement ends.

Ageas UK and Groupama refuse to give further comment.

Groupama Insurance offers car, motorcycle, home, travel, personal accident and commercial insurance with annual gross written premiums of £408m.

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