When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...
Direct Line's GC will leave the company, just as its £3.7 billion acquisition by Aviva is cleared by the CMA. Direct Line’s general counsel is exiting the company, after its £3.7 billion acquisition ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from ...
Direct Line Group has introduced three new Direct Line branded motor insurance products on price comparison website (PCW) Compare the Market. Covering a range of cover options from ‘essential’ to ...
Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...
NN Group: Court of Appeal Rules Against NN in Interim Judgment; Uncertainty Raised to High ...
Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this morning, Direct Line ...
Direct Line is to pay out around £30million in compensation to car and home insurance customers. Some existing customers were charged more for their renewal than what they would have done if they were ...
Revenue: UK£3.17b (down 1.4% from FY 2021). Net loss: UK£39.5m (down by 112% from UK£327.1m profit in FY 2021). UK£0.043 loss per share (down from UK£0.24 profit in FY 2021). Revenue was in line with ...
Direct Line has told customers for years that it is not on comparison websites, but announcing the change on Wednesday, Direct Line said that price comparison websites are visited by 90 percent of ...