Direct Line Reports Strong H1 Growth and Dividend

Direct Line Insurance (GB:DLG) has released an update.

Direct Line Insurance Group PLC has reported a robust first half of 2024, achieving strong premium growth, a profitable turnaround, and a solvency capital ratio of 200% pre-dividend. The company has announced a commitment to strategic goals set at the Capital Markets Day, including at least £100 million in gross cost savings by 2025 and a 13% net insurance margin by 2026. Additionally, shareholders can look forward to a dividend payment of 2.0 pence per share, reflecting the company’s confidence in its financial health and future performance.

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