Direct Line considers cutting 550 roles as motor market remains ‘challenging’ Business Direct Line is considering cutting around 550 roles as the insurance broker battles with "challenging" market conditions.
Admiral and Direct Line shares sink as Labour takes aim at ‘spiralling’ car insurance costs insurance Shares in insurers Admiral and Direct Line slumped on Wednesday after the government unveiled a new taskforce that it said would tackle the "spiralling" cost of motor insurance.
Ageas: Belgian insurer mulls UK takeover after failed Direct Line bid insurance 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.