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Reinsurers exposed to Direct Line losses as weather budget exhausted

Retrieved on: 2018-05-02 21:52:30

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Reinsurers exposed to Direct Line losses as weather budget exhausted. View article details on HISWAI:

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<div>UK primary insurer <b>Direct Line</b>, which also sells home <b>insurance</b> products through brands like Churchill and Privilege, said that it will record a £50 million claims charge for the cold weather snap. The company also reported a 5% drop in first quarter gross premiums, with total gross premiums at £769.9 ...</div>

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