Proactiveinvestors USA & Canada Direct Line Insurance https://www.proactiveinvestors.com Proactiveinvestors USA & Canada Direct Line Insurance RSS feed en Fri, 07 Aug 2020 20:33:04 -0400 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) Direct Line proposes special dividend to make up for cancelled 2019 distribution https://www.proactiveinvestors.com/companies/news/925756/direct-line-proposes-special-dividend-to-make-up-for-cancelled-2019-distribution-925756.html Tue, 04 Aug 2020 09:46:00 -0400 https://www.proactiveinvestors.com/companies/news/925756/direct-line-proposes-special-dividend-to-make-up-for-cancelled-2019-distribution-925756.html Watchdog launches coronavirus measures to encourage insurers to treat customers fairly https://www.proactiveinvestors.com/companies/news/919625/watchdog-launches-coronavirus-measures-to-encourage-insurers-to-treat-customers-fairly-919625.html Thu, 14 May 2020 14:32:00 -0400 https://www.proactiveinvestors.com/companies/news/919625/watchdog-launches-coronavirus-measures-to-encourage-insurers-to-treat-customers-fairly-919625.html FTSE 100 closes near flat as traders eye US jobs report but Ocado shines https://www.proactiveinvestors.com/companies/news/918924/ftse-100-closes-near-flat-as-traders-eye-us-jobs-report-but-ocado-shines-918924.html Wed, 06 May 2020 16:03:00 -0400 https://www.proactiveinvestors.com/companies/news/918924/ftse-100-closes-near-flat-as-traders-eye-us-jobs-report-but-ocado-shines-918924.html Direct Line sets aside £70mln after 70% drop in motor claims https://www.proactiveinvestors.com/companies/news/918942/direct-line-sets-aside-70mln-after-70-drop-in-motor-claims-918942.html Wed, 06 May 2020 09:47:00 -0400 https://www.proactiveinvestors.com/companies/news/918942/direct-line-sets-aside-70mln-after-70-drop-in-motor-claims-918942.html Direct Line rolls out share buyback after profits decline https://www.proactiveinvestors.com/companies/news/914163/direct-line-rolls-out-share-buyback-after-profits-decline-914163.html Tue, 03 Mar 2020 10:29:00 -0500 https://www.proactiveinvestors.com/companies/news/914163/direct-line-rolls-out-share-buyback-after-profits-decline-914163.html Deutsche Bank upgrades Direct Line to ‘buy’ https://www.proactiveinvestors.com/companies/news/907738/deutsche-bank-upgrades-direct-line-to-buy-907738.html Mon, 25 Nov 2019 14:09:00 -0500 https://www.proactiveinvestors.com/companies/news/907738/deutsche-bank-upgrades-direct-line-to-buy-907738.html Direct Line puts the pedal to the metal on cost-cutting https://www.proactiveinvestors.com/companies/news/907537/direct-line-puts-the-pedal-to-the-metal-on-cost-cutting-907537.html Thu, 21 Nov 2019 08:38:00 -0500 https://www.proactiveinvestors.com/companies/news/907537/direct-line-puts-the-pedal-to-the-metal-on-cost-cutting-907537.html Insurers face ban on automatic renewal hikes as six million overpay https://www.proactiveinvestors.com/companies/news/904165/insurers-face-ban-on-automatic-renewal-hikes-as-six-million-overpay-904165.html Fri, 04 Oct 2019 07:31:00 -0400 https://www.proactiveinvestors.com/companies/news/904165/insurers-face-ban-on-automatic-renewal-hikes-as-six-million-overpay-904165.html Marks & Spencer, Direct Line and Micro Focus confirmed as demoted from FTSE 100 https://www.proactiveinvestors.com/companies/news/902145/marks--spencer-direct-line-and-micro-focus-confirmed-as-demoted-from-ftse-100-902145.html Thu, 05 Sep 2019 10:59:00 -0400 https://www.proactiveinvestors.com/companies/news/902145/marks--spencer-direct-line-and-micro-focus-confirmed-as-demoted-from-ftse-100-902145.html UK government raises Ogden discount rate by less than expected https://www.proactiveinvestors.com/companies/news/223911/uk-government-raises-ogden-discount-rate-by-less-than-expected-223911.html Mon, 15 Jul 2019 12:15:00 -0400 https://www.proactiveinvestors.com/companies/news/223911/uk-government-raises-ogden-discount-rate-by-less-than-expected-223911.html Direct Line sees premiums fall in first quarter as competition bites https://www.proactiveinvestors.com/companies/news/219854/direct-line-sees-premiums-fall-in-first-quarter-as-competition-bites-219854.html Wed, 08 May 2019 06:55:00 -0400 https://www.proactiveinvestors.com/companies/news/219854/direct-line-sees-premiums-fall-in-first-quarter-as-competition-bites-219854.html Direct Line declares special dividend as 2018 profit rises 8% https://www.proactiveinvestors.com/companies/news/215781/direct-line-declares-special-dividend-as-2018-profit-rises-8-215781.html Tue, 05 Mar 2019 08:43:00 -0500 https://www.proactiveinvestors.com/companies/news/215781/direct-line-declares-special-dividend-as-2018-profit-rises-8-215781.html Direct Line downgraded by Deutsche Bank on margin worries https://www.proactiveinvestors.com/companies/news/209176/direct-line-downgraded-by-deutsche-bank-on-margin-worries-209176.html Wed, 14 Nov 2018 10:45:00 -0500 https://www.proactiveinvestors.com/companies/news/209176/direct-line-downgraded-by-deutsche-bank-on-margin-worries-209176.html Direct Line suffers overall decline in third quarter premiums despite own brand uptick https://www.proactiveinvestors.com/companies/news/208594/direct-line-suffers-overall-decline-in-third-quarter-premiums-despite-own-brand-uptick-208594.html Tue, 06 Nov 2018 08:29:00 -0500 https://www.proactiveinvestors.com/companies/news/208594/direct-line-suffers-overall-decline-in-third-quarter-premiums-despite-own-brand-uptick-208594.html Direct Line Insurance sees first-half profits decline on big weather claims; CEO to step down next year https://www.proactiveinvestors.com/companies/news/202004/direct-line-insurance-sees-first-half-profits-decline-on-big-weather-claims-ceo-to-step-down-next-year-202004.html Wed, 01 Aug 2018 09:27:00 -0400 https://www.proactiveinvestors.com/companies/news/202004/direct-line-insurance-sees-first-half-profits-decline-on-big-weather-claims-ceo-to-step-down-next-year-202004.html Direct Line dividend at risk amid soft UK motor insurance market, says Barclays https://www.proactiveinvestors.com/companies/news/200281/direct-line-dividend-at-risk-amid-soft-uk-motor-insurance-market-says-barclays-200281.html Fri, 06 Jul 2018 09:38:00 -0400 https://www.proactiveinvestors.com/companies/news/200281/direct-line-dividend-at-risk-amid-soft-uk-motor-insurance-market-says-barclays-200281.html Direct Line Insurance sees claims linked to winter storms use up full annual weather budget https://www.proactiveinvestors.com/companies/news/196232/direct-line-insurance-sees-claims-linked-to-winter-storms-use-up-full-annual-weather-budget-196232.html Wed, 02 May 2018 08:05:00 -0400 https://www.proactiveinvestors.com/companies/news/196232/direct-line-insurance-sees-claims-linked-to-winter-storms-use-up-full-annual-weather-budget-196232.html Deutsche Bank puts boot in to Direct Line, downgrading insurer’s rating to ‘hold’ from ‘buy’ https://www.proactiveinvestors.com/companies/news/193073/deutsche-bank-puts-boot-in-to-direct-line-downgrading-insurers-rating-to-hold-from-buy-193073.html Tue, 13 Mar 2018 10:30:00 -0400 https://www.proactiveinvestors.com/companies/news/193073/deutsche-bank-puts-boot-in-to-direct-line-downgrading-insurers-rating-to-hold-from-buy-193073.html Churchill owner Direct Line sees full-year profit jump, big dividends hike fails to excite as both well-flagged https://www.proactiveinvestors.com/companies/news/192261/churchill-owner-direct-line-sees-full-year-profit-jump-big-dividends-hike-fails-to-excite-as-both-well-flagged-192261.html Tue, 27 Feb 2018 11:32:00 -0500 https://www.proactiveinvestors.com/companies/news/192261/churchill-owner-direct-line-sees-full-year-profit-jump-big-dividends-hike-fails-to-excite-as-both-well-flagged-192261.html Direct Line to be the highlight of the results season, says Barclays https://www.proactiveinvestors.com/companies/news/191213/direct-line-to-be-the-highlight-of-the-results-season-says-barclays-191213.html Tue, 06 Feb 2018 09:50:00 -0500 https://www.proactiveinvestors.com/companies/news/191213/direct-line-to-be-the-highlight-of-the-results-season-says-barclays-191213.html Direct Line shares down as home insurance premiums fall https://www.proactiveinvestors.com/companies/news/186855/direct-line-shares-down-as-home-insurance-premiums-fall-186855.html Tue, 07 Nov 2017 13:10:00 -0500 https://www.proactiveinvestors.com/companies/news/186855/direct-line-shares-down-as-home-insurance-premiums-fall-186855.html Insurers Direct Line and Hastings Group motor higher as government backtracks on changes to insurance discount rate https://www.proactiveinvestors.com/companies/news/183599/insurers-direct-line-and-hastings-group-motor-higher-as-government-backtracks-on-changes-to-insurance-discount-rate-183599.html Thu, 07 Sep 2017 09:51:00 -0400 https://www.proactiveinvestors.com/companies/news/183599/insurers-direct-line-and-hastings-group-motor-higher-as-government-backtracks-on-changes-to-insurance-discount-rate-183599.html Direct Line rebases interim dividend as as motor insurance premiums boost first-half profit https://www.proactiveinvestors.com/companies/news/181765/direct-line-rebases-interim-dividend-as-as-motor-insurance-premiums-boost-first-half-profit-181765.html Tue, 01 Aug 2017 07:02:00 -0400 https://www.proactiveinvestors.com/companies/news/181765/direct-line-rebases-interim-dividend-as-as-motor-insurance-premiums-boost-first-half-profit-181765.html Car insurance premiums set to soar says Credit Suisse as it upgrades Direct Line https://www.proactiveinvestors.com/companies/news/180764/car-insurance-premiums-set-to-soar-says-credit-suisse-as-it-upgrades-direct-line-180764.html Wed, 12 Jul 2017 10:17:00 -0400 https://www.proactiveinvestors.com/companies/news/180764/car-insurance-premiums-set-to-soar-says-credit-suisse-as-it-upgrades-direct-line-180764.html JPMorgan upgrades Direct Line on valuation grounds after Ogden rate cut related falls https://www.proactiveinvestors.com/companies/news/175752/jpmorgan-upgrades-direct-line-on-valuation-grounds-after-ogden-rate-cut-related-falls-175752.html Fri, 31 Mar 2017 08:35:00 -0400 https://www.proactiveinvestors.com/companies/news/175752/jpmorgan-upgrades-direct-line-on-valuation-grounds-after-ogden-rate-cut-related-falls-175752.html UBS juggles ratings for UK motor insurers after Ogden discount rate reduction https://www.proactiveinvestors.com/companies/news/175375/ubs-juggles-ratings-for-uk-motor-insurers-after-ogden-discount-rate-reduction-175375.html Fri, 24 Mar 2017 14:38:00 -0400 https://www.proactiveinvestors.com/companies/news/175375/ubs-juggles-ratings-for-uk-motor-insurers-after-ogden-discount-rate-reduction-175375.html Direct Line sees 2016 profits drop impacted by shock change to personal injury claims rate https://www.proactiveinvestors.com/companies/news/174361/direct-line-sees-2016-profits-drop-impacted-by-shock-change-to-personal-injury-claims-rate-174361.html Tue, 07 Mar 2017 08:39:00 -0500 https://www.proactiveinvestors.com/companies/news/174361/direct-line-sees-2016-profits-drop-impacted-by-shock-change-to-personal-injury-claims-rate-174361.html Although motor insurers have dropped on shock personal injury rate cut, consumers seen as main losers with premiums set to rise https://www.proactiveinvestors.com/companies/news/173817/although-motor-insurers-have-dropped-on-shock-personal-injury-rate-cut-consumers-seen-as-main-losers-with-premiums-set-to-rise-173817.html Mon, 27 Feb 2017 12:11:00 -0500 https://www.proactiveinvestors.com/companies/news/173817/although-motor-insurers-have-dropped-on-shock-personal-injury-rate-cut-consumers-seen-as-main-losers-with-premiums-set-to-rise-173817.html Morgan Stanley dials Direct Line target higher https://www.proactiveinvestors.com/companies/news/275651/morgan-stanley-dials-direct-line-target-higher-25651.html Thu, 04 Aug 2016 12:54:00 -0400 https://www.proactiveinvestors.com/companies/news/275651/morgan-stanley-dials-direct-line-target-higher-25651.html Direct Line dials higher as it declares special divi https://www.proactiveinvestors.com/companies/news/128886/direct-line-dials-higher-as-it-declares-special-divi-128886.html Tue, 02 Aug 2016 07:42:00 -0400 https://www.proactiveinvestors.com/companies/news/128886/direct-line-dials-higher-as-it-declares-special-divi-128886.html Direct Line says UK floods may cost it up to £140mln https://www.proactiveinvestors.com/companies/news/121208/direct-line-says-uk-floods-may-cost-it-up-to-140mln-121208.html Tue, 12 Jan 2016 08:30:00 -0500 https://www.proactiveinvestors.com/companies/news/121208/direct-line-says-uk-floods-may-cost-it-up-to-140mln-121208.html Direct Line profits rise amid fewer disasters https://www.proactiveinvestors.com/companies/news/109630/direct-line-profits-rise-amid-fewer-disasters-109630.html Tue, 04 Aug 2015 06:55:00 -0400 https://www.proactiveinvestors.com/companies/news/109630/direct-line-profits-rise-amid-fewer-disasters-109630.html Direct Line investors celebrate special payout as profits rise https://www.proactiveinvestors.com/companies/news/60513/direct-line-investors-celebrate-special-payout-as-profits-rise-70922.html Fri, 01 Aug 2014 10:07:00 -0400 https://www.proactiveinvestors.com/companies/news/60513/direct-line-investors-celebrate-special-payout-as-profits-rise-70922.html Direct Line sees flood damage claims of £70-90mln from households https://www.proactiveinvestors.com/companies/news/56016/direct-line-sees-flood-damage-claims-of-70-90mln-from-households-66162.html Direct Line Insurance expects claims totalling about £70 to £90 million from householders as a result of storm damage and severe flooding in the UK, although it said the actual cost will only be known once flood waters have receded.

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Wed, 26 Feb 2014 07:28:00 -0500 https://www.proactiveinvestors.com/companies/news/56016/direct-line-sees-flood-damage-claims-of-70-90mln-from-households-66162.html
Insurers dented as Competition Commission targets premiums https://www.proactiveinvestors.com/companies/news/54219/insurers-dented-as-competition-commission-targets-premiums-64245.html Tue, 17 Dec 2013 08:43:00 -0500 https://www.proactiveinvestors.com/companies/news/54219/insurers-dented-as-competition-commission-targets-premiums-64245.html Direct Line gains as insurance claims fall https://www.proactiveinvestors.com/companies/news/52891/direct-line-gains-as-insurance-claims-fall-62806.html Direct Line Insurance Group gained 1.7% as Britain's biggest motor insurer posted a 6% rise in third-quarter profit helped by a fall in net insurance claims

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Fri, 01 Nov 2013 09:16:00 -0400 https://www.proactiveinvestors.com/companies/news/52891/direct-line-gains-as-insurance-claims-fall-62806.html
Direct Line benefits from benign weather https://www.proactiveinvestors.com/companies/news/50112/direct-line-benefits-from-benign-weather--59666.html Fri, 02 Aug 2013 06:46:00 -0400 https://www.proactiveinvestors.com/companies/news/50112/direct-line-benefits-from-benign-weather--59666.html Esure shares to float at between 240p and 310p https://www.proactiveinvestors.com/companies/news/45728/esure-shares-to-float-at-between-240p-and-310p-54565.html Fri, 08 Mar 2013 08:35:00 -0500 https://www.proactiveinvestors.com/companies/news/45728/esure-shares-to-float-at-between-240p-and-310p-54565.html Insure your returns at Direct Line https://www.proactiveinvestors.com/companies/news/260763/insure-your-returns-at-direct-line-12267.html The UK’s biggest car insurer, reported an annual operating profit of £461.2 million, up 9% on the year and ahead of the £454 million expected by analysts.

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Sat, 02 Mar 2013 07:00:00 -0500 https://www.proactiveinvestors.com/companies/news/260763/insure-your-returns-at-direct-line-12267.html
RSA downgraded, Direct Line upgraded as Nomura takes a look at insurers https://www.proactiveinvestors.com/companies/news/44679/rsa-downgraded-direct-line-upgraded-as-nomura-takes-a-look-at-insurers-53306.html Nomura has taken a closer look at the large-cap general insurance sector today, upgrading one of its constituents while downgrading another. Given the order of the chop was RSA, which moves to ‘reduce’ from ‘neutral’. The target price remains intact at 115 pence a share.

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Tue, 05 Feb 2013 11:33:00 -0500 https://www.proactiveinvestors.com/companies/news/44679/rsa-downgraded-direct-line-upgraded-as-nomura-takes-a-look-at-insurers-53306.html
Direct Line receives thumbs up from Morgan Stanley and RBC https://www.proactiveinvestors.com/companies/news/42422/direct-line-receives-thumbs-up-from-morgan-stanley-and-rbc-50618.html Two brokers have initiated coverage of Direct Line Insurance Group with positive recommendations and prices targets that point to 16%-19% cent upside from the stock’s current valuation.

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Wed, 21 Nov 2012 12:35:00 -0500 https://www.proactiveinvestors.com/companies/news/42422/direct-line-receives-thumbs-up-from-morgan-stanley-and-rbc-50618.html
Direct Line shares fall as Q3 profits drop https://www.proactiveinvestors.com/companies/news/41821/direct-line-shares-fall-as-q3-profits-drop-49864.html Fri, 02 Nov 2012 09:45:00 -0400 https://www.proactiveinvestors.com/companies/news/41821/direct-line-shares-fall-as-q3-profits-drop-49864.html Direct Line shares begin trading up in London as RBS sets final pricing https://www.proactiveinvestors.com/companies/news/41116/direct-line-shares-begin-trading-up-in-london-as-rbs-sets-final-pricing-49024.html

Shares in Direct Line began trading up on London's main market today after owner RBS set the final price of the issue at 175 pence. Conditional dealings began at 8am today ahead of the insurer's full admission on Tuesday next week and the share rose to 183 pence each.

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Thu, 11 Oct 2012 10:14:00 -0400 https://www.proactiveinvestors.com/companies/news/41116/direct-line-shares-begin-trading-up-in-london-as-rbs-sets-final-pricing-49024.html
Dial in to Direct Line, says broker https://www.proactiveinvestors.com/companies/news/41074/dial-in-to-direct-line-says-broker-48968.html

One of the UK's best known insurers Direct Line, which debuts on the main market this week, has good potential to boost profits and improve margins, says broker Numis today.

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Wed, 10 Oct 2012 11:23:00 -0400 https://www.proactiveinvestors.com/companies/news/41074/dial-in-to-direct-line-says-broker-48968.html