Direct Line profit drops despite Ogden rate releases

Penny James Direct Line CEO

The insurer saw its operating profit drop to £601.7m, from £642.8m the previous year. That was despite reserve releases of £54.8m as a result of an expected Ogden rate revision to 0% this summer, from

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: