DLG results “good progress” for 2014 commercial underwriting profit
A £2.2m operating profit for commercial lines has satisfied Direct Line Group’s management that the segment is closing in on a targeted underwriting profit in 2014.
The insurance group reported a combined ratio of 108% for 2012, improving on the previous figure of 112%, and chief executive Paul Geddes noted this was held back by a handful of large claims at the
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