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    Direct Line Insurance Group PLC

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    • Tuesday, 9 May, 2023
      Lex
      Direct Line: new chief executive must repair dented car insurer Premium content

      Those with an eye on the top job ought to keep the other one on rival Admiral

    • Tuesday, 9 May, 2023
      Direct Line warns of fresh pressure on earnings from inflation

      Rising costs of repairing damaged vehicles add to difficulties for UK insurer despite 19% increase in premiums

    • Friday, 28 April, 2023
      James Max
      Rich People’s Problems: Why has my car insurance gone up so much?

      It feels like some companies just don’t want my business

    • Friday, 17 March, 2023
      Investments
      Investors’ Chronicle: Phoenix Group, Ferrexpo, Direct Line

      Companies analysis from our sister publication

    • Monday, 13 March, 2023
      Direct Line admits it was ‘over optimistic’ about inflationary hit to prices

      Group swings to loss as cost of motor insurance claims spiralled because of higher parts and labour costs

    • 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

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