Moody's gives UKI an A2 rating
Rating agency Moody's has assigned a first-time A2 insurance financial strength rating to UK Insurance, the main (UK) operating subsidiary of Direct Line Insurance Group, which underwrites around 90% of DLG's business.
Moody's said that the rating reflects DLG's very strong position in the UK personal lines market, a relatively conservative investment portfolio, good capitalisation, and low financial leverage.
It
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