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Direct Line Q1 premiums up on price hikes

By Frank Prenesti

Date: Wednesday 08 May 2024

(Sharecast News) - UK insurer Direct Line on Wednesday reported a large rise in first-quarter written premiums as it hammered consumers with price hikes.

Total group gross written premium and associated fees rose 10.7% to £892.2m, adding that motor claims trends were in line with expectations, with estimated written margins...

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