Direct Line GWP grows 4.5%
UK personal lines carrier Direct Line grew its top line by
approximately 4.5 percent year-on-year in the third quarter to
£882.9mn ($1.1bn).
The increase was primarily driven by a 10.7 percent hike in
motor premiums, but was offset by a partial reduction in home
partnerships.
The carrier said it expected its operating combined ratio to
fall towards the lower end of its 93-95 percent range, assuming
normal weather conditions.
Pricing in the motor segment continued to grow as claims
inflatio
Read more »