Hello, everyone, and welcome to our Full Year 2024 Results Update. I'm joined by Jane Poole, our new Group CFO, who will take you through our financial performance. Let's start with the key messages.
Direct Line trades at a discount due to weak operating performance and turnaround program execution risk. Recent interest from Ageas in acquisition suggests potential undervaluation, but Direct Line's ...
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 said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company. Describing the ...
Direct Line Insurance Group Plc’s first-half profit fell short of estimates as analysts had expected a faster turnaround. The UK’s second-largest auto insurer posted an operating profit of £63.7 ...
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 ...
Among the key news on UK stocks, Direct Line Insurance Group PLC’s (GB:DLG) gained over 3% on Wednesday after it announced a strategy shift by listing its flagship brand, Direct Line, on price ...
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