Feb 27 (Reuters) - Britain’s largest motor insurer Direct Line declared a special dividend for 2017 after strong performance in its motor brands, rising premiums and favourable claims helped it post a 3.6 percent in full-year operating profit.
The company, whose brands include Churchill, Green Flag and Privilege, said operating profit from continuing operations was 610.9 million pounds ($853.49 million) for the year ended Dec. 31, compared with 403.5 million pounds a year earlier.
Gross written premiums for ongoing operations rose 3.6 percent to 3.39 billion pounds in the period, it said.
Direct Line added it would pay a special dividend of 15 pence, higher than 10 pence it paid last year. ($1 = 0.7158 pounds)
Reporting by Noor Zainab Hussain and Rahul B in Bengaluru; Editing by Vyas Mohan