Direct Line was founded by Peter Wood and Martin Long in 1985 as a personal lines insurer that operated with a model of direct sales. The business became synonymous with selling directly and for its ...
Direct Line Insurance Group said Chief Executive Adam Winslow and Chief Financial Officer Jane Poole are set to step down as part of a management reshuffle following its agreed merger with Aviva. The ...
Insurer Aviva raises dividend after jump in half-year profit British insurer Aviva raised its interim dividend on Thursday after reporting a 22% jump in half-year operating profit, driven by strong ...
As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from ...
Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...
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 ...
Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...
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