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DLG 'essentially' operating as a standalone business, claims Geddes

Paul Geddes

Direct Line Group chief executive Paul Geddes believes the business has "essentially achieved its goal" of operating as a standalone company, following the news it has set a return on tangible equity target of 15%.

DLG chalked up 20.1 million in-force policy sales in the opening six months of 2012, a 4% rise on the previous year, while the financial impact of adverse weather conditions in H1 was offset by higher

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