WebJul 18, 2024 · Direct Line said it was "confident" in the sustainability of its regular dividends, but the board has decided not to launch the second 50 million pound ($59.72 million) … WebJul 18, 2024 · Direct Line shares slump 14% as issues surprise profit warning over claims costs. Shares in Direct Line Group (DLG) were trading down close to 14 percent shortly after markets opened this morning after it became the second UK motor insurer to warn on profits in recent days.
Direct Line boss Penny James forced to step down This is Money
WebJan 27, 2024 · Direct Line Insurance Group PLC (LSE:DLG) said chief executive Penny James has agreed with the insurer's board that she will step down with immediate effect, … WebJan 11, 2024 · Aviva PLC (LSE:AV.) and Admiral Group Plc (LSE:ADM) were among the insurers knocked by the shock warning by Direct Line Group PLC today. The FTSE 250-listed insurer earlier announced it was axing ... gibsons matlock bath jigsaw
Direct Line CEO Penny James out after profit warning
WebApr 12, 2024 · - Shares fall 12.5% on profit warning - Rising claims inflation the main issue - Management postpone share buyback Shares in motor insurance group Direct Line (DLG) skidded 12.5% to a five-year low of 189.3p following the announcement of a damaging profit warning. WebBosses at Direct Line face questions from the City over their credibility after the insurer shocked investors by axing its dividend and sounding a profit warning that it blamed on last month’s ... WebJan 12, 2024 · Direct Line Insurance Group PLC's (LSE:DLG) profit warning, issued on Wednesday after a worse-than-expected fourth quarter was a “major surprise” to analysts at Jefferies International. In response, the US broker's analysts have slashed their target price for Direct Line to 175p from 220p after cutting estimates. gibsons maitland