Direct Line Group has reported an working revenue of £205m for 2024, greater than reversing a £189.9m loss the yr earlier than.
The advance got here as inforce insurance policies dropped 5.5% to eight.83m.
The breakdown confirmed the most important decline was in motor with insurance policies reducing by 8.4% to three.83m because the insurer flagged specializing in “disciplined underwriting”.
The supplier launched on Evaluate the Market within the ultimate month of the yr as the beginning of its plan to maneuver on to aggregators and up to date the ambition is “to return our general motor coverage depend to development throughout 2025”.
The majority of the 5m non-motor insurance policies got here by dwelling
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