DLG storm losses total £130m and push commercial COR to 104%
The December 2015 floods in the UK pushed Direct Line Group's commercial combined operating ratio to 104.5% (2104: 98.8%) but CEO Paul Geddes said the company's results remain in line with competitors.
The company, which announced group gross written premiums of £3.15bn (2014: £3.09bn) in its full-year results statement today (1 March), saw commercial GWP remain flat for 2015 at £485m (2014: £487m)
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