Direct Line Group
DLG closing the gap on Admiral as dividend yield hits 7%
Direct Line Group has paid dividends of 16p per share in 2013 and has achieved a dividend yield of 7% for the year to date.
DLG completes sale of life book to Chesnara
Direct Line Insurance Group has completed the sale of Direct Line Life Insurance Company to Chesnara.
Chesnara eyes further acquisitions as it posts EEV of £354m
Insurer focused investment firm Chesnara posted an increase in European Embedded Value to £354m for the first nine months of 2013.
High net worth: Staying on top
With an increasing number of direct players entering the high net worth arena, how can brokers stand out from the crowd and retain their traditional position as leaders of the market?
Scepticism remains over ‘underwriting discipline’ in Q3
Full-year results expected to take a hit from St Jude storm.
Editor's comment: Pass me a fork
It appears you can teach an old dog new tricks. Not so long ago I used this space to berate insurers for their lack of action in commercial underwriting, with firms talking the talk but not walking the walk.
My best XV Selected by Russell Berry, Towergate
Russell Berry, graduate trainee at Towergate Underwriting, selects his best XV and wins two tickets to see England v Argentina on 9 November in the QBE Rugby Internationals.
DLG hits back at earnings criticism
Direct Line Group's chief financial officer John Reizenstein has hit back at criticisms around the sustainability of the insurer's earnings.
DLG in ‘advanced talks’ to sell part of its telematics business
Direct Line is said to be in advanced talks to sell its Tracker telematics business to a private equity house, according to the Financial Times.
Direct Line posts improved COR of 95.4%
Direct Line has achieved a combined operating ratio of 95.4% for the first nine months of 2013, a 4.3% improvement from the 99.7% posted for the same period in 2012.
RSA performs offshoring U-turn as customers demand UK call centres
Closure of insurer’s customer-centric Indian call centres to create 350 UK jobs.
ABI backs young driver curfews despite resistance from members
Telematics provider labels plans a ‘draconian, backwards step.
Legal Market: Joining forces
Mergers and acquisitions in legal markets show no sign of abating. But what is behind the desire to consolidate law firms, and what does it mean for the insurance industry?
Post Intelligence – company profile: Direct Line Insurance Group plc
Compared to an operating loss of £375m in FY10, Direct Line returned an operating profit in 1H13 of £287m, up 28% year-on-year.
ABI unveils rehab insurer panel
The Association of British Insurers has revealed the make up of a new rehabilitation panel to provide a unified voice for insurers.
Further Quindell deals in the pipeline as Terry plots full listing
Quindell plans to sign several more deals of a similar scale to its agreement with Direct Line Group, but does not see such things as a prerequisite for a full listing on the FTSE 250 stock exchange, according to chief executive Rob Terry.
Quindell signs £150m deal with DLG
Outsourcing specialist Quindell Portfolio has agreed three year service contract with Direct Line Group.
DLG to sell closed UK life book to Chesnara
Direct Line Insurance Group has agreed to sell its closed UK life insurance book to Chesnara and will collect a £23m dividend from the business.
Direct Line and Churchill: A reflection on a decade old merger
This month marks the tenth anniversary of the takeover of Churchill by Direct Line, then owned by Royal Bank of Scotland.
Aviva tops lists of most valuable insurance brands
Aviva, RSA and Axa have topped a list of the UK’s top 50 most valuable insurance brands compiled by brand valuation agency Brand Finance.
Top 20 UK insurers
A focus to the top 20 UK insurers
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
RBS announces plans to sell more Direct Line shares
The Royal Bank of Scotland has announced its intention to sell more of its shareholding in Direct Line Group.
Women drivers more likely to recommend their motor insurer
Women drivers are more likely to recommend their motor insurer than men, a survey of more than 12 000 pre-renewal consumers has found.