Archive

Direct Line admits solvency capital ratio miscalculation

The UK insurer found the mistake while preparing its H1 2024 results

Direct Line changes gears with launch on price comparison websites

CEO Adam Winslow admitted Direct Line Group had previously suffered from an "overreliance" on direct sales

Maz Bown to become Direct Line's group CRO

Bown previously served as CRO for UK general insurance and health at Aviva

Direct Line targets technology and simplification overhaul for £100m savings

The UK insurer has recently been the subject of two takeover bids from Ageas

Aurore Lecanon resigns as Direct Line's CRO

She won InsuranceERM's CRO of the year in the UK & Europe 2021 awards

Direct Line grows premiums by almost 60% in Q3

It expects 2023 claims inflation for motor and home to be unchanged at high single digits

Direct Line hails solvency ratio uplift from £520m Intact Financial deal

It comes as the insurer posted an operating loss of £78m in H1

Direct Line's Solvency II ratio to bounce back in 2023, says Jefferies

The investment bank explains why the UK motor insurer does not need to raise capital

Direct Line's six notable emerging risks

UK motor and home insurer reveals topics at the top of its emerging risk agenda

Direct Line Group's carbon reduction plans approved by SBTi