Direct Line shares have sold-off significantly over the past twelve months, as poor underwriting results led to a FY 2022 loss and the suspension of its dividend. Although some elements like higher ...

Expects operating profit to improve in 2024 Insurer posts half-year operating loss Shares up almost 15% after Intact Financial deal Sept 7 (Reuters) - Shares of Britain's Direct Line (DLGD.L), opens ...

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...

Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...

Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...

Direct Line Insurance Group PLC on Monday said it swung to a pretax loss 2022 as it was affected by high claims inflation, regulatory reforms, exceptional weather and difficult investment markets, ...