Archive

• Penny James appointed CEO of Direct Line

  26 February 2019

  Paul Geddes to step down at the end of July

• Direct Line CEO to quit next year

  01 August 2018

  Paul Geddes will have served for 10 years

• Direct Line exhausts 2018's bad weather budget in Q1

  02 May 2018

  Sub-zero weather causes surge in claims

• Direct Line writes off £57m IT investment

  27 February 2018

  But strong 2017 results lead to increased dividend

• Direct Line completes £350m RT1 debt issue

  08 December 2017

  First sterling issue of restricted tier 1 debt

• Justice Committee's Ogden advice raises fear of further delay

  30 November 2017

  MPs have told the government it must face the "real world" when implementing the new personal injury discount rate. But its recommendations may cause more delay to the process, and pain for insurers as the industry tussles with making appropriate assumptions. Paul Walsh reports

• Prudential's group CRO appointed as Direct Line's finance chief

  08 September 2017

  Penny James succeeds John Reizenstein to become CFO

• UK industry welcomes action on whiplash claims but urges same for Ogden

  21 June 2017

  Queen's speech sets out plan to tackle rising motor injury claims

• Ogden slashes Direct Line's solvency ratio by 24ppt

  07 March 2017

  Damages discount rate is now a top five emerging risk

• Ogden rate battle: insurers will be consulted on review

  01 March 2017

  Discount rate needs to be fair, say Hammond and ABI