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DLG points to competitive conditions after GWP drop in Q1

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Direct Line Group has attributed competitive market conditions in UK personal lines for a 5.1% slide in gross written premium in the first quarter of the year compared with Q1 2013.

The drop was said to be partially offset by growth in the insurer's commercial business and in Germany.

Motor gross written premium was 10.2% lower compared to Q1 2013. DLG reported a 4% year-on-year

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