NIG sees premium growth in H1 as Direct Line posts profit fall

Ida Axling
@BrokingIda
12 Aug 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Direct Line Group has reported an improved combined operating ratio of 90.3% for the first half of 2020 (H1 2019: 92.5%).

The provider, which owns NIG, stated that this was due to reduced claims frequency following the Covid-19 lockdown alongside the change in the Ogden rate to -0.25% in the first half of last year.

However, the COR for the commercial division, which includes NIG and Direct Line for Business, deteriorated to 94.9% (H1 2019: 93.8%).

Operating profit in this area of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.