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DIISY / Direct Line Insurance boosts its solvency capital ratio through strategic reinsurance agreements

Direct Line Insurance boosts its solvency capital ratio through strategic reinsurance agreements
Direct Line Insurance Group PLC (LSE:DLG) has boosted its solvency capital ratio through strategic reinsurance agreements as it tries to recover ground after a shock profit warning earlier this month. In a brief statement, the FTSE 250-listed insurer announced that its principal underwriter, UK Insurance Limited, has entered into strategic reinsurance agreements that together comprise a 3-year structured 10% quota share arrangement. Read More
Posted: Jan 26 2023, 03:17
Author Name: Proactive Investors
Views: 102574

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Direct Line Insurance boosts its solvency capital ratio through strategic reinsurance agreements

By Proactive Investors
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Direct Line Insurance boosts its solvency capital ratio through strategic reinsurance agreements

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