Direct Line reports growth of its its motor book in Q1 despite Ogden cut

Cars on a motorway

In addition Direct Line reported a 4.2% increase in gross written premium for ongoing operations across the group. The growth in its motor book was driven by the challenges face in the home market where Direct Line slowed its growth due to claims inflation. Paul Geddes, CEO of Direct Line, said that the firm was on track to achieve its target combined operating ratio of 93%-95% for the overall year: “Overall, I am pleased with the positive start we have made to the year, continuing the moment