LONDON (Reuters) - UK regulators launched an investigation of the motor insurance market on Friday, saying that competition was not working properly and was pushing up costs for consumers. The OFT ...

Direct Line Insurance Group said Chief Executive Adam Winslow and Chief Financial Officer Jane Poole are set to step down as part of a management reshuffle following its agreed merger with Aviva. The ...

Direct Line was founded by Peter Wood and Martin Long in 1985 as a personal lines insurer that operated with a model of direct sales. The business became synonymous with selling directly and for its ...

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...

As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from ...

Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...

Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...

Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...

Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...