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    Direct Line Insurance Group PLC

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    • Friday, 27 January, 2023
      Direct Line chief executive steps down after profit warnings

      Pressure had been building on the group after it scrapped its dividend earlier this month

    • Wednesday, 11 January, 2023
      Lex
      Direct Line: dividend cut underscores motor insurer’s navigation error Premium content

      Company’s failure to see potholes ahead is disappointing

    • Wednesday, 11 January, 2023
      Direct Line scraps dividend as cold snap pushes up claims

      Freezing temperatures in December are latest blow to insurance group

    • Tuesday, 27 September, 2022
      LexAutomobiles
      UK motor insurance: inflation gain to follow inflation pain Premium content

      Saga’s shares are down a quarter, with other motor insurance groups also losing ground

    • Friday, 5 August, 2022
      Investments
      Investors’ Chronicle: Domino’s Pizza, Travis Perkins, Direct Line

      Companies analysis from our sister publication

    • Tuesday, 19 July, 2022
      Cat Rutter Pooley
      The big UK earnings crunch is still to come

      Deliveroo and Direct Line point to looming problems and profit warnings across multiple sectors

    • Monday, 18 July, 2022
      Lex
      Direct Line: motor insurers cannot lift premiums fast enough to steer out of trouble Premium content

      Higher used car prices, more expensive parts and longer repair times are pushing up claims costs

    • Monday, 18 July, 2022
      Direct Line issues profit warning as inflation pushes up claims costs

      Insurer cancels share buybacks as higher prices for car parts and used vehicles weigh on earnings

    • Wednesday, 4 May, 2022
      Direct Line cools new business over inflation concerns

      Insurer warns rising cost of claims is not reflected in market prices

    • Tuesday, 9 November, 2021
      Direct Line warns second-hand car price surge is inflating accident claims

      One of UK’s largest motor insurers says cost of claims is running beyond expectations

    • Friday, 6 August, 2021
      Investments
      Investors’ Chronicle: Greggs, BP, Direct Line

      Companies analysis from our sister publication

    • Tuesday, 3 August, 2021
      UK insurer Direct Line a winner as pandemic cuts commuting

      Group says frequency of motor insurance claims is lagging even as drivers return to the roads

    • Tuesday, 4 August, 2020
      Direct Line reinstates dividend after drop in motor claims

      Insurer’s shares rise as first-half results beat analysts’ expectations

    • Sunday, 14 June, 2020
      News in-depthUK insurance industry
      Insurers watch and wait as rusty drivers return to the roads

      Claims drop sharply during UK’s lockdown but traffic has started to rise again

    • Friday, 5 June, 2020
      UK companies
      Woodford anniversary proves provident for Invesco

      Fund house sees to unfinished business one year on from former star’s fall from grace

    • Wednesday, 8 April, 2020
      LexTesco PLC
      Tesco/UK dividends: welcome to the witch trials Premium content

      Cancelling payouts should not become a loyalty test

    • Wednesday, 8 April, 2020
      UK insurance industry
      Aviva, RSA, Direct Line and Hiscox pull dividends 

      UK insurers bow to regulatory pressure but L&G has said it would push ahead with payout

    • Tuesday, 3 March, 2020
      Direct Line hit by coronavirus and flood claims

      FTSE 250 group encouraged by car insurance prices rising at same pace as payouts

    • Wednesday, 26 February, 2020
      Lloyds Banking Group PLC
      Lloyds and Direct Line to cut hundreds of UK jobs

      Groups reveal cost cuts as customers go digital, while Virgin Money also reduces roles

    • Wednesday, 26 February, 2020
      Insurer Direct Line to cut 800 UK jobs in bid to lower costs

      Personal insurance industry faces rising claims expenditure and weak premiums growth

    • Wednesday, 20 November, 2019
      Insurer Direct Line launches plan to shave £50m off expenses

      Chief executive Penny James to expand business as part of new cost-cutting strategy

    • Wednesday, 31 July, 2019
      Insurance
      Higher accident payouts weigh on Direct Line

      Insurer takes £17m charge after UK decision to reset how compensation is calculated

    • Monday, 15 July, 2019
      LombardMatthew Vincent
      Fintech Revolut may need greyer grandee than Martin Gilbert

      Digital banking group is raising money but attracting scrutiny from regulators

    • Tuesday, 5 March, 2019
      LexInsurance
      Direct Line: driving test Premium content

      UK insurer is now an incumbent in a fiercely competitive sector

    • Tuesday, 5 March, 2019
      Direct Line slashes dividend as it insures against Brexit

      Group looks to strengthen balance sheet, citing ‘political uncertainty’

    Previous page You are on page 1 Next page

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