Direct Line reports increase in profit despite home taking a hit
Direct Line Group has reported that its profit before tax has gone up by 14% to £341.4m in the first half of 2017, compared to £298.5m in the first half of 2016.
The company reported an overall 0.7% improvement in its combined operating ratio during the first half of 2017 to 88.9% (H1 2016: 89.6%)
Due to the company’s higher reserves, there was a 7.2%
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