Motor and Home own brands in-force policies up 4.3%, with strong customer retention

Q3 2016

GWP for ongoing operations 4.2% higher, with continued growth in Motor own brands, up 9.7%.

Q3 2016

“I’m pleased that we have traded well this quarter with good policy and premium growth, particularly for Direct Line, showing that customers like the value, service and brand propositions we offer them. We have achieved this while maintaining our underwriting discipline and reiterate that we expect to be towards the lower end of our 93%-95% combined operating ratio target range.”

Paul Geddes, CEO, Q3 2016