Interim div 2.0 pence/shr (Il Sole 24 Ore Radiocor) - London, 04 Sep - The UK insurance group Direct Line said that in the first half basic earnings per share totalled 2.8 pence against a loss of 4.6 pence a year earlier.

Gross written premium and associated fees for ongoing operations surged 53.5% to 1.839 billion pounds, boosted by the Motability partnership which began in September 2023.

Excluding Motability, growth was 11.4%.

Ongoing operating profit was 63.7 million pounds against a loss of 93.7 million.

The solvency capital ratio, post dividend, was 198%. Direct Line declared a dividend of 2.0 pence per share.

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(RADIOCOR) 04-09-24 18:53:42 (0530) 5 NNNN