Seeking Alpha

Direct Line: Too Much Uncertainty, Even For 5x 2019 EPS

After 2022 results on Monday, Direct Line's share price is now down 60% in the past 5 years and at 5.3x its pre-COVID 2019 EPS. Direct Line made a loss in 2022, partly due to inflation and regulatory ...
Seeking Alpha

Direct Line: Despite Discounted Valuation, Risk-Reward Profile Is Not Attractive Enough

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 ...
Bloomberg L.P.

Aviva’s £3.7 Billion Direct Line Deal Gets UK Regulator’s Nod

Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...
Nasdaq

Direct Line lowers outlook citing claims inflation

LONDON, July 18 (Reuters) - British car insurer Direct Line DLGD.L> on Monday lowered its profitability outlook for the year and delayed the second leg of a share buyback, blaming inflation in claims ...
Morningstar

Direct Line Earnings: Higher Prices and Lower Policy Sales; Shares Undervalued

Direct Line DLG has reported gross written premiums of GBP 2.7 billion for the first nine months, a more than 20% rise on the same period in 2022 as the business incorporates 725,000 customers from ...
Forbes

Direct Line Shares Soar 25%+ As Ageas Launches Takeover Bid

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 ...
Nasdaq

Direct Line says Board ‘unanimously rejected’ Aviva’s ‘opportunistic’ offer

In a notice to the London Stock Exchange, Direct Line (DIISY) stated: The Board of Direct Line Group notes the recent announcement made by Aviva (AVVIY) plc regarding a possible offer for the Company ...