Direct Line Group projects 93-95% combined ratio

UK motor and home insurer Direct Line has said it expects to
achieve a combined ratio of between 93 and 95 percent for ongoing
operations, as part of its Q1 trading update.
The carrier also revealed today (4 May) that its gross written
premiums had increased by 4.2 percent for the first quarter, with
growth in motor policies partially offset by a reduction in home
partnerships.
In line with other UK motor underwriters, the firm reported a
healthy increase in...