8th May 2024 10:01
Direct Line Insurance Group PLC - Bromley-based insurance company - Says gross written premiums and associated fees in the first quarter of 22024 are up 15% to GBP892.2 million, from GBP805.7 million the year before. Says this was driven by strong growth in Motor, Home and Commercial. Chief Executive Officer Adam Winslow says: "We have seen a positive start to 2024 trading, with double-digit gross written premium growth in our Motor, Home and Commercial businesses and overall growth for ongoing operations of 15%. Claims trends and Motor margins continue to develop in line with our expectations."
Current stock price: 183.00 pence, down 3.0%
12-month change: up 17%
By Sabrina Penty, Alliance News reporter
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