Insurance Post

DLG boss Geddes admits 2014 COR expectation is weather dependent

Paul Geddes

Direct Line Group chief executive Paul Geddes has conceded hopes of achieving a combined operating ratio of between 95% and 97% for 2014 will hinge on the weather improving for the remainder of the year.

Speaking to Post this afternoon following the publication of the insurer's full year results for 2013, Geddes, pictured, confirmed DLG was "aiming at 95% to 97%" for its 2014 COR.

However, he

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