FCA warns insurers to treat customers fairly over Covid-19
19th Mar 2020 13:47
(Sharecast News) - The Financial Conduct Authority has warned general insurers to treat customers fairly as people change their behaviour in response to the coronavirus crisis.
Read moreDirect Line suspends share buyback due to coronavirus
19th Mar 2020 07:53
(Sharecast News) - Direct Line announced on Thursday that it was suspending its share buyback programme as a result of "the volatile conditions" arising from the Covid-19 pandemic.
Read moreJP Morgan upgrades Direct Line Group and Admiral
9th Mar 2020 13:12
(Sharecast News) - Analysts at JP Morgan upgraded their recommendations for UK auto insurers Admiral and Direct Line in anticipation of continued discipline on the part of both firms on margins.
Read moreDirect Line profit falls, chairman to step down
3rd Mar 2020 07:40
(Sharecast News) - Direct Line reported a 12.2% decline in full-year profit on Tuesday as it warned that the coronavirus outbreak could impact the 2020 results of its travel business and announced the departure of chairman Mike Biggs.
Read moreDirect Line set to cut 800 jobs between 2021 and 2022
26th Feb 2020 13:26
(Sharecast News) - Direct Line announced on Wednesday it would be cutting 800 positions from their 11,000 strong staff between 2021 and 2022.
Read moreMorgan Stanley ups Hastings to 'overweight'
7th Feb 2020 09:57
(Sharecast News) - Morgan Stanley bumped up its rating on insurer Hastings on Friday as it took a look at the UK motor insurance market.
Read moreTuesday broker round-up
28th Jan 2020 12:40
(Sharecast News) - BAE Systems: Barclays upgrades to overweight with a target price of 760p.
Read moreMonday broker round-up
25th Nov 2019 12:58
(Sharecast News) - Hays: Credit Suisse downgrades to underperform with a target price of 140p.
Read moreFTSE 250 movers: Tullow tumbles, Games Workshop gains
13th Nov 2019 14:53
(Sharecast News) - London's FTSE 250 was down by 0.91% at 20,240.28 in afternoon trading on Wednesday, as Tullow Oil pulled the index lower.
Read moreFTSE 250 movers: Drax surges, Homeserve falls
4th Oct 2019 14:23
(Sharecast News) - London's FTSE 250 was up 0.27% at 19,399.63 in afternoon trade on Friday, with Drax Group leading the index higher.
Read moreDirect Line appoints new CFO
16th Sep 2019 07:31
(Sharecast News) - Direct Line said former Royal London deputy chief executive Tim Harris had been appointed as chief financial officer effective October 1, 2019.
Read moreThursday broker round-up
29th Aug 2019 12:24
(Sharecast News) - Persimmon: Berenberg upgrades to buy with a target price of 2,490p.
Read moreBerenberg lowers price target on Direct Line
29th Aug 2019 10:39
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on insurance firm Direct Line from 344p to 331p on Thursday, noting the group's transformation efforts were not without risk yet needed, in the medium-term, to offset the multiple headwinds that were looming ever closer on the horizon.
Read moreThursday broker round-up
9th May 2019 12:25
(Sharecast News) - Britvic: Citigroup downgrades to neutral with a target price of 950p.
Read moreDirect Line gross written premiums dip but combined ratio guidance reaffirmed
8th May 2019 07:18
(Sharecast News) - Direct Line posted a dip in first-quarter gross written premiums on Wednesday but reiterated its 2019 combined ratio guidance.
Read more