Insurance Post

Direct Line posts improved COR of 95.4%

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Direct Line has achieved a combined operating ratio of 95.4% for the first nine months of 2013, a 4.3% improvement from the 99.7% posted for the same period in 2012.

The insurer attributed the COR to improved underwriting and fewer claims from major weather events.

The Group reported underwriting profits of £122.4m for the first nine months of 2013, an improvement

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