Insurance Post

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

Cars on a motorway

Direct Line has grown its motor book by 11.2% in the first quarter, compared to the same period last year, despite taking a £230m blow from the discount rate reduction.

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

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