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Direct Line

  • Ageas: Belgian insurer mulls UK takeover after failed Direct Line bid

    October 6, 2024

    Belgian insurance giant Ageas is open to making further takeover bids for British companies after a failed attempt to snap up Direct Line earlier this year.

  • Saga in talks with Belgium’s Ageas over insurance deal

    October 2, 2024

    Saga, the British financial services and travel provider for over-50s, has said that it is in talks with Ageas for a deal involving its insurance arm as it looks to reduce debt.

  • Car insurance prices may be coming back down to earth, data shows

    September 17, 2024

    Results from the UK's major insurers have signalled car insurance costs are beginning to come down, after reaching record levels last year.

  • Direct Line returns to profit but customers flee after firm hikes insurance prices

    September 4, 2024

    Direct Line's operating profit undershot expectations for the first half of 2024 as the firm shed more than a quarter of a million motor insurance customers following price hikes.

  • Direct Line to report interim results in indication of turnaround plan

    September 1, 2024

    Direct Line shareholders will get an early sign of whether the insurer’s turnaround plan is beginning to bear fruit as it posts its interim results on Wednesday. Shares in the insurer, which owns Churchill, Privilege and the breakdown recovery provider Green Flag, are down 12 per cent since May and its long-term record makes for [...]

  • Direct Line is now on price comparison sites – what does this signify?

    July 11, 2024

    Direct Line was one of the last big insurers to resist the lure of price comparison websites. Until now.

  • Direct Line to put flagship brand on price comparison sites for the first time

    July 10, 2024

    Direct Line will list its signature brand on price comparison sites for the first time in its history, having held off doing so for years.

  • Green Flag hits record profit after price hikes for breakdown customers

    June 21, 2024

    Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results.

  • Direct Line hikes prices as it tries to reassure investors it’s on track

    May 8, 2024

    Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.

  • Direct Line poaches another Aviva executive as new finance chief as turnaround continues

    April 10, 2024

    Insurer Direct Line has appointed Aviva executive Jane Poole as its new chief financial officer as the firm looks to narrow its losses and cut costs.

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