Insurance Post

DLG hits all four 2014 targets despite reduced motor profits

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A £50.6m year-on-year reduction in operating profit from ongoing operations within Direct Line Group’s motor business was the main driver behind a marginal dip in the insurer’s group-wide operating profit for 2014.

DLG recorded an operating profit from ongoing operations of £506m for the 12 months ending 31 December 2014 (FY 2013: £509.9m), alongside a slight improvement in the combined operating ratio, which

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