Insurance Post

DLG operating profits increase £100m as COR drops to 89.4%

growth-explosion

Direct Line Group has reported a £100m increase in operating profit for the six months ended 30 June 2015 and a 6.7 percentage point increase in its combined operating ratio.

The insurer's operating profit jumped from £235.7m in the first half of 2014 to £335.8m in the first half of this year. The COR improved to 89.4% from 96.1% in the first half of 2014.

Pre-tax profit

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