Direct Line points to NIG growth in H1 results

Penny James

Direct Line Group, parent firm of NIG, has reported an improved COR of 92.5% for the first half of 2019 compared to 92.9% in the same period last year.

The organisation attributed some growth to the performance of its commercial division, which includes NIG.

The results noted that NIG and other in-force policies grew by 2.4% to 251,000 (H1 2018: 245,000).

Premium
Meanwhile, gross written premium (GWP) remained steady at £205.9m as the business grew lower average premium package policies

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