Ageas UK won edie’s ‘Circular Economy Innovation of the Year award’ for 2024 for its pioneering initiative, Green Parts, which transforms motor repairs through a repair-over-replace ethos and extensive use of reclaimed parts.
Direct Line said on Monday that it was confident in its standalone prospects after Belgium’s Ageas announced it would not be making an offer for the insurer following two failed attempts at engaging with the board.
Ageas is up nearly 2% in Brussels, the insurer having announced on Friday evening that it will not be making an offer for Direct Line Insurance Group, following the failure of two recent attempts to.