Is Direct Line’s profit warning a bellwether of more bad news to come?

jonathan Swift cutout

Content director's view: Jonathan Swift reflects on what Direct Line Group's trading update, and decision to scrap its 2022 dividend, might mean for both it and the UK insurance market.

On Wednesday, Direct Line Group put down a marker for the upcoming 2022 results season by revealing that bad weather and third party claims inflation mean the business is unlikely to declare a final

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