What’s next for Direct Line after Ageas abandons takeover attempt? March 25, 2024 Direct Line's chief executive Adam Winslow has only been in the job for three weeks but is already making a strong impression.
Direct Line brings back dividend but warns there’s still work to be done March 21, 2024 Insurer Direct Line has posted an annual operating loss of £189.5m as it battles claims inflation, while looking to achieve £100m in annualised cost savings by the end of 2025.
Sabre Insurance: Motor insurer posts record premium income on the back of price hikes March 19, 2024 Sabre Insurance has posted a record premium income after the motor insurer reaped the benefits of price hikes while offsetting the impact of claims inflation.
Aviva sells stake in Singapore Life for more than expected as firm continues to simplify March 18, 2024 The sale continues Aviva's attempts to streamline its global operations to focus on its core markets of the UK, Ireland and Canada.
Direct Line: Top Ageas investor reportedly opposing takeover bid March 14, 2024 One of Ageas' top shareholders is reportedly opposing the Belgian insurer's attempt to acquire London-listed rival Direct Line after it has already been rebuffed twice.
Direct Line rejects ‘highly opportunistic’ raised takeover offer from Ageas March 13, 2024 Direct Line has revealed that it rejected a raised takeover offer from Belgian insurer Ageas earlier this month, calling it "uncertain, unattractive" and "highly opportunistic".
NHS waiting lists turn private healthcare into the latest front in the war for talent March 13, 2024 City businesses are increasingly offering private healthcare insurance as an employee benefit when trying to recruit new staff, recruiters and insurers told City A.M.
Direct Line to prioritise profits in bid to shake off Ageas interest March 10, 2024 The new boss at Direct Line is is bringing forward his plans for turning around the business in an attempt to rebuff a £3.1bn takeover bid from Belgian insurers Ageas.
Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.
IWD: Who are the four FTSE 100 firms with both female CEOs and CFOs? March 8, 2024 Out of the 100 companies in the FTSE, only 10 have a female CEO, compared to 24 CFOs. 14 of the female CFOs have been in their current role for less than two years, data from AJ Bell revealed.