Hello, everyone, and welcome to our Full Year 2024 Results Update. I'm joined by Jane Poole, our new Group CFO, who will take you through our financial performance. Let's start with the key messages.
Direct Line trades at a discount due to weak operating performance and turnaround program execution risk. Recent interest from Ageas in acquisition suggests potential undervaluation, but Direct Line's ...
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 ...
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 ...
All in all Direct Line has reported quite a disappointing set of numbers for the first quarter of 2023 as the business continues to remain under pressure. While the company has reported a 19% rise in ...
Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company. Describing the ...
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Aviva and Direct Line agree £3.7bn insurance tie-up
Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.
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