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HomeInsuranceInsurance-TipsDirect Line Insurance 1Q Average Renewal Premiums Rose 19%

Direct Line Insurance 1Q Average Renewal Premiums Rose 19%

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By Anthony O. Goriainoff

Direct Line Insurance Group said Tuesday that adjusted gross written premiums for the first quarter rose, driven by its motor and home divisions, and that its earnings outlook for 2023 continued to be challenging.

The FTSE 250 nonlife insurer said gross written premiums rose to 805.7 million pounds ($1.02 billion)…

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