Direct Line Insurance Group plc (LON: DLG)

London flag London · Delayed Price · Currency is GBP · Price in GBX
252.40
+9.20 (3.78%)
Dec 23, 2024, 2:02 PM BST
35.81%
Market Cap 3.16B
Revenue (ttm) 3.38B
Net Income (ttm) 302.60M
Shares Out 1.30B
EPS (ttm) 0.23
PE Ratio 10.58
Forward PE 15.70
Dividend 0.04 (1.64%)
Ex-Dividend Date Sep 12, 2024
Volume 7,536,138
Open 247.20
Previous Close 243.20
Day's Range 246.20 - 253.60
52-Week Range 147.10 - 257.80
Beta 0.42
Analysts n/a
Price Target n/a
Earnings Date Mar 21, 2025

About LON: DLG

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises. The company also provides management, motor accident vehicle repair, insurance intermediary, support and operational, legal, sof... [Read more]

Sector Financials
Founded 1985
Employees 10,131
Stock Exchange London Stock Exchange
Ticker Symbol DLG
Full Company Profile

Financial Performance

Financial Statements

News

Aviva agrees to buy Direct Line for £3.7bn

Aviva has agreed a deal to buy rival company Direct Line for £3.7bn ahead of a Christmas Day deadline.

4 hours ago - Sky News

Aviva agrees to buy U.K. insurer Direct Line for £3.7 billion

Aviva started hunting for acquisitions again after CEO Amanda Blanc pursued a series of divestments that slimmed down the insurer and left it more focused on the U.K.

4 hours ago - Fortune

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.

6 hours ago - Financial Post

Aviva to buy Direct Line in £3.7bn deal, putting 2,300 jobs at risk

Insurance takeover is likely to cast a pall of uncertainty over Christmas for many staff of combined group Business live – latest updates Aviva has agreed to buy rival insurer Direct Line for £3.7bn, ...

6 hours ago - The Guardian

Aviva Acquires Direct Line for £3.7 Billion to Form UK's Largest Insurer

Aviva Acquires Direct Line for £3.7 Billion to Form UK's Largest Insurer

7 hours ago - GuruFocus

Aviva Makes Firm $4.7 Billion Offer For Direct Line

7 hours ago - The Wall Street Journal

Aviva Agrees to Buy UK Insurer Direct Line in £3.7 Billion Deal

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.

7 hours ago - BNN Bloomberg

UK insurer Aviva to buy Direct Line in $4.65 bln deal

British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home...

8 hours ago - Reuters

Direct Line launches new motor insurance products on price comparison website

The group announced in July that it planned to launch on price comparison websites for the first time in its history.

3 days ago - Evening Standard

UK watchdog says Direct Line breached rules over insurance add-on

Britain's competition regulator said on Wednesday that Direct Line breached an order by erroneously adding a 'No Claims Bonus Protection' add-on to customers' policies without their permission.

5 days ago - Reuters

Direct Line: A Tale Of Dividend Cuts And Takeovers

As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from Aviv...

12 days ago - Seeking Alpha

Aviva: Direct Line Potential Acquisition Implications

Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years post-deal.

16 days ago - Seeking Alpha

Aviva agrees to buy Direct Line in 3.6bn insurance deal: is it time to buy shares?

Direct Lines share price has jumped but still hovers below the 275p offer, with various elements still to be confirmed

16 days ago - MoneyWeek

UK insurers Aviva and Direct Line agree on sweetened takeover bid

The UK insurance firm Aviva has improved on an earlier deal rejected by its smaller competitor Direct Line.

17 days ago - Euronews

Insurance giant Aviva agrees to buy Direct Line for $4.6 billion

Aviva, the U.K.’s largest insurance company, has agreed to fully-acquire Direct Line for 275 pence per share, or £3.6 billion ($4.6 billion)

17 days ago - MarketWatch

Aviva agrees to buy Direct Line in £3.6bn insurance deal

Combined group would control a fifth of UK motor insurance market

17 days ago - Financial Times

Aviva set to buy Direct Line as insurance giant prepares sweetened £3.6bn deal

Direct Line is set to back a sweetened £3.6billion takeover by Aviva after the insurance giant's first offer was rejected.

17 days ago - This is Money

Aviva set to buy Direct Line to create $21bln British insurer

If the deal goes through, it would create a nearly $21.23bln London-listed insurer, bigger than Legal & General and only slightly behind No.1 Prudential in terms of market value

17 days ago - Zawya

Aviva agrees £3.6bn deal to buy Direct Line; new bid to buy Thames Water – business live

Live, rolling coverage of business, economics and financial markets as FTSE 100 insurer agrees takeover of smaller rival Good morning, and welcome back to our love coverage of business, economics and ...

17 days ago - The Guardian

Direct Line backs £3.6bn takeover move by rival Aviva

Aviva made the sweetened approach after seeing a £3.3 billion takeover tilt rebuffed last month.

17 days ago - Evening Standard

Direct Line accepts £3.6bn takeover after rival insurer Aviva raises bid

Preliminary agreement reached after third offer, which values Direct Line at 275p a share The insurance company Direct Line has accepted an improved offer from its bigger UK rival Aviva, in a deal val...

17 days ago - The Guardian

Three Quick Facts: Aviva & Direct Line, Berkeley Group, QUIZ

Direct Line on course to fold into Aviva, Berkeley eyes prospects from new govt housing plans, low cash balance and sales raise QUIZ questions

17 days ago - The Armchair Trader

Direct Line set to accept sweetened Aviva takeover bid

One of the UK's biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva.

17 days ago - Sky News

Aviva set to buy Direct Line after $4.60 billion sweetened bid

British insurer Direct Line said on Friday it was set to recommend a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock takeover by Aviva , if the bigger rival makes a formal offer.

17 days ago - Reuters