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Direct Line Insurance Group PLC (DLGD.L)

DLGD.L on London Stock Exchange

328.00GBp
11:54am EDT
Change (% chg)

3.30 (+1.02%)
Prev Close
324.70
Open
324.00
Day's High
329.10
Day's Low
324.00
Volume
7,647,726
Avg. Vol
4,567,700
52-wk High
397.00
52-wk Low
319.20

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Wed, Aug 1 2018

Direct Line shares sour as CEO to step down after decade at helm

Britain's largest motor insurer Direct Line said its long-standing chief Paul Geddes would step down next year, as its first-half profit took a beating from the cold winter.

UPDATE 2-Direct Line shares sour as CEO to step down after decade at helm

* Shares down 3.5 pct (Adds CEO, analyst comments, share movement)

Insurer Direct Line's first-half profit falls, CEO to leave

Aug 1 Britain's largest motor insurer, Direct Line Insurance Group Plc, reported on Wednesday a 15.7 percent drop in first-half operating profit, hurt by a long, icy winter, and said its chief executive officer would step down in 2019.

UPDATE 1-Insurer Direct Line counts the cost of Britain's long, icy winter

May 2 British motor and home insurer Direct Line Insurance Group reported a 5 percent fall in quarterly gross written premiums and said claims linked to Britain's recent cold weather snap would utilise almost all the company's annual weather budget.

BRIEF-Direct Line Insurance Group Q1 Total Gross Written Premium 769.9 Mln Pounds

* DIRECT LINE INSURANCE GROUP PLC - Q1 TOTAL GROSS WRITTEN PREMIUM 769.9 MILLION POUNDS VERSUS 810.3 MILLION POUNDS A YEAR AGO

Insurer Direct Line counts the cost of Britain's long, icy winter

May 2 British motor and home insurer Direct Line Insurance Group reported a 5 percent fall in quarterly gross written premiums and said claims linked to Britain's recent cold weather snap to utilise the company's full annual weather budget.

CORRECTED-UPDATE 1-Insurer Direct Line to pay special dividend as profit rises (Feb 27)

Feb 27 Direct Line Insurance Group raised its special dividend from last year as strong performance in its motor brands, rising premiums and favourable claims helped it post a 51.4 percent rise in 2017 operating profit.

BRIEF-Direct Line Inks Partnership With Volkswagen Insurance Service

* DIRECT LINE- ANNOUNCES NEW PARTNERSHIP WITH VOLKSWAGEN INSURANCE SERVICE

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