LONDON, Jan 10 (Reuters) - Storm Henk has caused around 150 million pounds ($190 million) in insured losses in Britain and damaged around 2,000 properties, consultants PwC said on Wednesday. ($1 = 0.7855 pounds) (Reporting by Carolyn Cohn; Editing by Alison Williams)
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IN BRIEF: Direct Line shareholders approve sale of business to RSA
Direct Line Insurance Group PLC - Bromley, England-based motor and home insurer - Confirms the sale of its brokered commercial insurance business lines to RSA Insurance Ltd, a wholly-owned subsidiary of Intact Financial Corp, has been approved by shareholders at today's general meeting. Expects to receive the initial consideration within five business days, in accordance with the terms of the deal. Explains this will provide a significant uplift to the continuing group's pro-forma solvency capital ratio, and this uplift is expected to be around 45 percentage points.
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