Direct Line Expects £44M In Travel Insurance Claims

Law360, London (May 6, 2020, 12:36 PM BST) -- Insurer Direct Line said Wednesday that it will take a £44 million ($54 million) hit to its travel insurance business as a result of the COVID-19 pandemic and a further £70 million to cover the cost of measures to support customers and key workers.

Direct Line, one of Britain's major direct car insurance companies, said in a trading update that motor claims dropped 70% in April as the effects of the coronavirus lockdown took hold. The COVID-19 death toll hit 32,000 in Britain this week, making it the highest in Europe.

The cost of the crisis itself will be around £44...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!