BRIEF-Direct Line Insurance Says Co Currently Running A Comprehensive Strategy Review

March 21 (Reuters) – Direct Line Insurance:

* DIRECT LINE INS GRP – PRELIMINARY RESULTS YEAR ENDED 31 DECEMBER 2023

* : NEW TARGET OF 13% NET INSURANCE MARGIN IN 2026, UNDERPINNED BY AT LEAST £100 MILLION COST SAVINGS BY END OF 2025

* CURRENTLY RUNNING A COMPREHENSIVE STRATEGY REVIEW

* : FY GROSS WRITTEN PREMIUM AND ASSOCIATED FEES – ONGOING OPERATIONS OF 3.12 BILLION STG

* : FY TOTAL DIVIDEND OF 4 PENCE PER SHARE

* : HAVE TAKEN RIGHT ACTIONS DURING 2023 TO IMPROVE WRITTEN MARGINS IN MOTOR AND EXPECT THIS TO IMPROVE MOTOR PERFORMANCE IN 2024 Source text for Eikon: Further company coverage:

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