Direct Line Group (DLG) has published its financial results for the first quarter of 2019… and while there’s little reason to be merry with the numbers, chief financial officer and incoming chief executive Penny James (pictured) says they remain on track in terms of DLG’s operating expenses target.
For the three months ended March 31, the Bromley-headquartered insurance group posted a 2.1% decline in gross written premium (GWP) to £753.9 million. Of this amount, £520.6 million – a 1.9% fall compared to the same period in 2018 – came from DLG’s direct own brands.
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