Direct Line issues profit warning as inflation pushes up claims costs

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Insurer cancels share buybacks as higher prices for car parts and used vehicles weigh on earnings

Elmore Insurance Brokers Limited (Elmore) is a company incorporated in England and Wales with registration number 09548115. Elmore is a Lloyd’s Broker and authorised and regulated by the Financial Conduct Authority – Firm Reference Number 955112.

Elmore, Lda is a company incorporated in Portugal with registration number NIF 516116363 and develops its activity with CAE 66220 – insurance intermediaries activities. Elmore, Lda is a Lloyd’s Broker and is authorised and regulated by the ASF – 420564777. Elmore, Lda is a Subsidiary of Elmore.

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