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Drivers issued car insurance update as costs reach unaffordable levels

Motorists struggling with sky-high insurance costs are in for some reprieve as more options emerge to drive down prices. Direct Line has introduced three innovative motor insurance products on Compare ...
Reuters

Direct Line to cut 550 jobs amid motor insurance woes

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 ...
Reuters

UK insurer Direct Line misses profit view as motor arm disappoints

Expects motor division to improve in H2 Policy attrition for motor insurance slows Shares reverse course to rise 1% Sept 4 (Reuters) - Britain's Direct Line Insurance (DLGD.L), opens new tab missed ...
Bloomberg L.P.

Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...
MoneyWeek

Direct Line returns to profit but loses almost 500,000 customers - here is what it means

Direct Line has returned to profit but failed to match analyst expectations after losing almost half a million motor insurance customers. The insurer posted a pre-tax profit of £61.6m for the six ...