Direct Line secures three-year 10% quota share to boost solvency
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Direct Line secures three-year 10% quota share to boost solvency

Samuel Casey
26 January 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
graph money.jpg

Direct Line Insurance Group has entered a strategic quota share reinsurance agreement to boost its solvency ratio.

The three-year deal – which was advised on by Gallagher Re and incepted at 1 January – is expected to increase the UK general insurer’s solvency capital ratio by around 6 percentage points.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

News
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article