View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsDirect Line Insurance Group 향후 성장Future 기준 점검 2/6Direct Line Insurance Group 의 수익은 연간 6.4% 감소할 것으로 예상되는 반면, 연간 수익은 16.9% 로 증가할 것으로 예상됩니다. EPS는 연간 18.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 13.5% 로 예상됩니다.핵심 정보16.9%이익 성장률18.36%EPS 성장률Insurance 이익 성장1.9%매출 성장률-6.4%향후 자기자본이익률13.48%애널리스트 커버리지Good마지막 업데이트30 Jun 2025최근 향후 성장 업데이트공고 • Jul 18Direct Line Insurance Group plc Provides Earnings Guidance for the Full Year of 2022Direct Line Insurance Group plc provided earnings guidance for the full year of 2022. Given the higher current year loss ratio, the Group now expects the full year 2022 combined operating ratio to be in the range of 96% to 98%, normalised for weather. Whilst the Group still expects 2022 net investment income yield to be around 1.7%, based on current reinvestment rates and maturity profile it expects this to increase to around 2.2% in 2023.모든 업데이트 보기Recent updates공고 • Jul 03FCA Cancels Listing of Direct Line Insurance Group Shares from Official List & LSEDirect Line Insurance Group plc announced that Further to the announcement made by the boards of Direct Line and Aviva on 2 July 2025, Direct Line announces that, following an application by Direct Line, the Financial Conduct Authority has cancelled the listing of Direct Line Shares on the Official List and the London Stock Exchange has cancelled the trading of Direct Line Shares on the London Stock Exchange's Main Market for listed securities, in each case with effect from 8:00 a.m. (London time), 3 July 2025. Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the scheme document published on 10 February 2025 in relation to the recommended cash and share offer by Aviva for the entire issued and to be issued share capital of Direct Line, effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the "Scheme Document").공고 • Jul 02+ 6 more updatesAviva plc (LSE:AV.) acquired Direct Line Insurance Group plc (LSE:DLG).Aviva plc (LSE:AV.) submitted a non-binding proposal to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.3 billion on November 19, 2024. Aviva reached preliminary agreement to acquire Direct Line Insurance Group plc (LSE:DLG) on December 6, 2024. Aviva reached an agreement to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.6 billion on December 23, 2024 The consideration consists of common equity of Aviva plc at a ratio of 0.282 per common equity of Direct Line Insurance Group plc. A cash consideration valued at £1.125 per share will be paid by Aviva plc. As part of consideration, an undisclosed value is paid towards common equity of Direct Line Insurance Group plc. The Proposal represents total consideration valued at £0.250 per share. Aviva is required to either announce a firm intention to make an offer for the Company or announce that it does not intend to make an offer for the Company by December 25, 2024. As of on November 26, 2024. Direct Line Insurance board unanimously rejected the Proposal stating that the Proposal as substantially undervaluing Direct Line and has declined to engage further with Aviva. As of December 6, 2024, Aviva made a Proposal that represents total consideration valued at 275 pence per Direct Line share to be delivered as 129.7 pence per Direct Line share in cash, funded through Aviva's internally available cash resources; 0.2867 new Aviva shares per Direct Line share; and dividend payments of up to 5 pence per Direct Line share in aggregate (Permitted Dividend), to be paid (subject to the approval of the Board of Direct Line) prior to completion. Direct Line shareholders would own approximately 12.5% of the issued and to be issued share capital of Aviva. The Board of Direct Line has concluded that the Proposal is at a value that it would be minded recommending to Direct Line shareholders should a firm intention to make an offer. As of December 23, 2024, Direct Line Directors intend to recommend unanimously that Direct Line Shareholders vote (or procure votes) in favour of the Scheme. The Scheme is expected to become Effective in mid-2025, subject to the satisfaction or, where permitted, waiver of the Conditions set out. The transaction is the Scheme must be approved by a majority in number of the Scheme Shareholders present and voting at the Court Meeting, and certain regulatory approvals. Direct Line shareholder meetings are scheduled to be held on March 10, 2025 and the transaction, subject to regulatory clearances. As of March 10, 2025, Direct Line shareholders have approved the transaction. On May 15, 2025, The UK's Competition and Markets Authority (CMA) has launched a probe with respect to the transaction investigating whether the merger would lead to a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. The CMA is seeking feedback from interested parties by May 29, 2025 with its findings from the initial phase of the probe due to be published in July 2025. As of June 17, 2025, Direct Line and Aviva are pleased to announce that the FCA and the PRA have each given written notice to Aviva approving the acquisition of control in respect of a UK authorized person contemplated by the Acquisition and the SRA has approved the acquisition by Aviva. Received Clearance from the CMA in respect of the Acquisition is a condition to the Acquisition. As a result, Aviva and Direct Line are pleased to confirm that all Conditions relating to the receipt of regulatory and antitrust approvals have now been satisfied or (where capable of waiver) waived. In particular, the Sanction Hearing has been scheduled to be held on July 1, 2025 and the Scheme is expected to become Effective on July 1, 2025. Upon completion, Direct Line Chief Executive Adam Winslow and Chief Financial Officer Jane Poole step down from the board and will be replaced by Jason Storah and Stephen Pond respectively. Storah and Pond are the current CEO and CFO of Aviva's General Insurance UK&I division. Former chair and current non-executive director of Aviva Ian Clark will be chair of the enlarged company. As of July 1, 2025 CMA has cleared the anticipated acquisition by Aviva plc of Direct Line Insurance Group plc., not to refer the above merger to a phase 2 investigation. The Scheme will become Effective upon the delivery of the Court Order to the Registrar of Companies, which is anticipated to occur later today. Peter Brown, Sian Evans, Peter Catterall and Michael Lamb of Citigroup Global Markets Limited, and Anthony Gutman, Nimesh Khiroya and Bertie Whitehead of Goldman Sachs International acted as financial advisors and PricewaterhouseCoopers acted as accountant for Aviva plc. Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley & Co. International plc, Simon Robey and Chetan Singh of Robey Warshaw LLP and Oliver Hearsey, Daniel Ohana and Elliot Thomas of RBC Europe Limited acted as financial advisers to Direct Line Insurance. Sonia Gilbert, Juliette Graham, Richard Compton, Chinwe Odimba-Chapman, Clare Hoxey, Nicholas Kinnersley, Thomas Isola, Simon Sinclair and Maria de Elizalde of Clifford Chance LLP is acting as legal adviser to Aviva and Roland Turnill, Robert Innes, Richard Hilton, William Turtle, Nick Bonsall, David Shone, Phil Linnard, Daniel Schaffer, Mike Lane, and Guy O'Keefe of Slaughter and May is acting as legal adviser and Computershare Investor Services PLC is the registrar to Direct Line. Tom Mercer and Tim Rennie of Ashurst acted as legal advisor to Citi and Goldman Sachs. Aviva plc (LSE:AV.) completed the acquisition of Direct Line Insurance Group plc (LSE:DLG) on July 2, 2025. Direct Line Shares will be suspended from trading on the London Stock Exchange's Main Market starting at 7:30 a.m. today. The de-listing and cancellation of trading are expected to be completed by 8:00 a.m. on July 3, 2025. As of July 3, 2025, 378,143,305 new ordinary shares in the capital of Aviva were admitted to listing on the Official List maintained by the Financial Conduct Authority (the "FCA") and to trading on the London Stock Exchange's main market for listed securities, with effect from July 3, 2025.공고 • Jun 27Direct Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced that further to the announcement on June 23, 2025 outlining intended Direct Line board changes, following a Board meeting held on June 26, 2025, Direct Line confirms that the individuals listed as prospective directors in the June 23 announcement have now been formally appointed as directors of Direct Line, subject to, and with effect from, the scheme of arrangement to implement Aviva's acquisition of Direct Line becoming effective. In accordance with the Financial Conduct Authority's UK Listing Rules ("UKLR"), the details of all directorships held by those individuals in other publicly quoted companies at any time in the previous five years are as follows: Ian Clark, Aviva plc, Non-Executive Director (11 March 2024 - present) and Sabre Insurance Group plc, Non-Executive Director (21 September 2017- 22 May 2024); Fiona Fry, AJ Bell plc,Non-Executive Director(7 December 2023 - present) and Charlotte Jones, Aviva plc, Group Chief Financial Officer (5 September 2022 - present) and RSA Insurance Group plc, Chief Financial Officer (1 April 2018 - 1 April 2022).공고 • Jun 24+ 2 more updatesDirect Line Insurance Group plc Announces Board ResignationsDirect Line Insurance Group plc announced that Adam Winslow and Jane Poole have agreed to step down from their respective positions from the Direct Line Board. Both will serve the first two months of their notice period on garden leave, during which time they will remain available for transitional support. The current Non-Executive Directors of Direct Line, Danuta Gray, Richard Ward, Tracy Corrigan, Mark Gregory, Carol Hagh, Adrian Joseph OBE, Mark Lewis, Fiona McBain, David Neave, and Gregor Stewart intend to resign from the Direct Line Board. Aviva intends to appoint new directors for Direct Line: Ian Clark - Chair; Deepak Haria; Fiona Fry; Chris Clark; Cristina Nestares; Wes Scott; Rees Aronson; and Charlotte Jones. On 17 June 2025, Aviva and Direct Line announced that all conditions relating to the receipt of regulatory and antitrust approvals had been satisfied or waived and that, the Court Sanction Hearing had been scheduled for, and the Scheme is expected to become Effective on, 1 July 2025.공고 • May 16Direct Line Insurance Group plc Approves Final DividendDirect Line Insurance Group plc approved a final dividend of 5.0 pence per share, at its AGM held on 14 May 2025.공고 • Mar 05Direct Line Insurance Group plc, Annual General Meeting, May 14, 2025Direct Line Insurance Group plc, Annual General Meeting, May 14, 2025.공고 • Feb 11Direct Line Insurance Group plc to Report Fiscal Year 2024 Results on Mar 04, 2025Direct Line Insurance Group plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Mar 04, 2025Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Group CFO & Executive Director Jane Poole was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • Nov 28Aviva plc (LSE:AV.) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) for £3.25 billion.Aviva plc (LSE:AV.) submitted a non-binding proposal to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.25 billion on November 19, 2024. The consideration consists of common equity of Aviva plc at a ratio of 0.282 per common equity of Direct Line Insurance Group plc. A cash consideration valued at £1.125 per share will be paid by Aviva plc. As part of consideration, an undisclosed value is paid towards common equity of Direct Line Insurance Group plc. The Proposal represents total consideration valued at 250 pence per share. Aviva is required to either announce a firm intention to make an offer for the Company or announce that it does not intend to make an offer for the Company by December 25, 2024. Peter Brown, Sian Evans, Peter Catterall and Michael Lamb of Citigroup Global Markets Limited acted as financial advisor for Aviva plc. Anthony Gutman, Nimesh Khiroya and Bertie Whitehead of Goldman Sachs International acted as financial advisor for Aviva plc. Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley International Limited acted as financial advisor for Direct Line Insurance Group plc. Simon Robey and Chetan Singh of Robey Warshaw LLP acted as financial advisor for Direct Line Insurance Group plc. Aviva plc (LSE:AV.) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) on November 26, 2024. Direct Line Insurance board unanimously rejected the Proposal stating that the Proposal as substantially undervaluing Direct Line, and has declined to engage further with Aviva.공고 • Nov 01Direct Line Insurance Group plc Appoints Carol Hagh as Member of Its Remuneration CommitteeThe Board of Direct Line Insurance Group plc announced that it has resolved to appoint Carol Hagh, independent Non-Executive Director, as a member of its Remuneration Committee with effect from 1 November 2024.공고 • Oct 10Direct Line Insurance Group plc Announces Directorate and Committee ChangesDirect Line Insurance Group plc announced that Jane Poole has joined DLG as has been appointed to the Board as an Executive Director with effect from today. Jane has also been appointed as a member of the Board's Investment Committee. As announced on 10 April 2024, Jane is succeeding Neil Manser, who has ceased to be an Executive Director, also with effect from October 10, 2024.Reported Earnings • Sep 06First half 2024 earnings released: EPS: UK£0.028 (vs UK£0.046 loss in 1H 2023)First half 2024 results: EPS: UK£0.028 (up from UK£0.046 loss in 1H 2023). Revenue: UK£1.69b (up 7.0% from 1H 2023). Net income: UK£36.1m (up UK£96.3m from 1H 2023). Profit margin: 2.1% (up from net loss in 1H 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.공고 • Sep 04Direct Line Insurance Group plc to Declare A Dividend, Payable on 11 October 2024Direct Line Insurance Group plc reviewed the progress the Group has made in turning around the business and, based on the Group's strong solvency coverage ratio and underlying capital generation over the last 12 months, has concluded it is appropriate to declare a dividend of 2.0 pence per share (£26 million). The dividend is scheduled to be paid on 11 October 2024 to shareholders on the register on 13 September 2024. The ex-dividend date will be 12 September 2024.공고 • Jul 04Direct Line Insurance Group plc to Report First Half, 2024 Results on Sep 04, 2024Direct Line Insurance Group plc announced that they will report first half, 2024 results on Sep 04, 2024Board Change • Jun 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Carol Hagh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • May 09Direct Line Insurance Group plc Approves Final DividendDirect Line Insurance Group plc at its Annual General Meeting held on May 8, 2024 approved a final dividend of 4.0 pence per share at the Annual General Meeting .공고 • May 03Direct Line Insurance Group plc Announces Significant Leadership ChangesDirect Line Group announced three new appointments to its Executive Committee to further strengthen its management capability and drive growth. Craig Thornton is to be appointed Managing Director, Home and Growth, Martin Milliner as Managing Director of Claims and Hugh Hessing as Chief Operating Officer. All three appointments will report directly to the CEO and are subject to regulatory approval. In addition, the Group announced two further senior appointments: Roger Lowry as Director of Corporate Affairs and Alexandra Hayes as Chief of Staff to augment and strengthen the skills and experience of its leadership team. Both appointments will report directly to the CEO, Adam Winslow, and will attend the Executive Committee. In the role of Managing Director Home and Growth, Craig Thornton will lead the Group's Home and Growth insurance strategies across all brands and utilise his impressive track record at ExCo level for the benefit of the business more broadly. Craig joins the Group after spending the last ten years at Lloyds Banking Group, where he was General Insurance, Protection and Investments Director. Martin Milliner joins as Managing Director of Claims and brings extensive claims experience and expertise. He will drive the Group's ambition to build a market-leading claims function, delivering great service for customers and increasing operational efficiency. He joins the Group from Allianz where he was Claims Director and was previously Head of Operational Claims and Director of Claimant Technical Services at LV=. Martin is an industry thought leader and strategist and has sat on the Thatcham and Insurance Fraud Bureau boards. As Chief Operating Officer Hugh Hessing will lead Customer operations, Procurement, and Transformation activity across DLG ensuring there is a strong customer focus. Hugh has extensive experience in these areas, having been UK Chief Operating Officer and UK Customer Services Director at Aviva and CEO of Aviva Ireland. Hugh has also led major transformation initiatives that delivered significant outcomes whilst he was at Aviva and prior to that at KPMG. He has most recently been running his own consultancy business in the financial services sector. Roger Lowry will join as Director of Corporate Affairs to strengthen the Group's external and internal communications. Roger was most recently Director of Communications and Marketing at QBE Insurance. He brings a wealth of financial services and regulatory experience having also held senior positions at Royal Bank of Scotland and Ofcom. Alexandra Hayes (Alex) will take up the post of Chief of Staff to the CEO supporting him across the Group's strategic priorities and deliverables. Alex joins from Lloyd's where she has been Chief of Staff to the CEO. She has extensive experience of driving results across a range of financial services companies in various roles, along with multiple leadership roles on operations as a Royal Engineers Officer in the British Army.공고 • Apr 10+ 1 more updateDirect Line Insurance Group plc Appoints Jane Poole as Board of Director, Effective October 2024Direct Line Insurance Group plc announced that Jane Poole will join the Board in October 2024, succeeding Neil Manser who has been in post since January 2021. Jane is a highly experienced CFO with extensive general insurance knowledge following a long and successful career building high performance teams in the financial services industry. Since 2021, she has been CFO for Aviva's UK and Ireland General Insurance business, driving business performance and improving profitability. Prior to this, Jane was CFO for Royal & Sun Alliance (RSA) UK & International businesses having held senior Finance roles at the insurer since 2006. Jane qualified as a Chartered Accountant with PricewaterhouseCoopers. Neil has been with the Group since 2011 and CFO since January 2021. Neil was instrumental in the Group's successful IPO in 2012 and has helped to steer the business through a series of external challenges in recent years. Neil will remain as CFO until Jane arrives to ensure an orderly transition of responsibilities.공고 • Mar 25Ageas Plans Not to Make Further Offer for Direct Line Insuranceageas SA/NV (ENXTBR:AGS) announced that, following the two recent attempts to engage with the Board of Directors of Direct Line Insurance Group plc (LSE:DLG) ("Direct Line") in relation to the acquisition by Ageas of the entire issued and to be issued share capital of Direct Line, which were both rejected, it will not make an offer for Direct Line. As a result of this announcement, Ageas (and any persons acting in concert with it) will, except with the consent of the UK Panel on Takeovers and Mergers (the "Panel"), be bound by the restrictions contained in Rule 2.8 of the Code. For the purposes of Rule 2.8 of the Code, Ageas (and any persons acting in concert with it) reserves the right to announce an offer or possible offer for Direct Line or make or participate in an offer or possible offer for Direct Line and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances described in Note 2 to Rule 2.8 of the Code: (i) with the agreement of the Board of Directors of Direct Line; (ii) if a third party (including another publicly identified potential offeror) announces a firm intention to make an offer for Direct Line; (iii) if Direct Line announces a Rule 9 waiver or a reverse takeover (as defined in the Code); or (iv) if the Panel determines there has been a material change of circumstances. On 19 January 2024, Ageas provided the Board of Direct Line with an initial possible offer proposal (the "Initial Possible Offer") to acquire the entire issued and to be issued share capital of Direct Line. The terms of the Initial Possible Offer were improved on 9 March 2024 and set out in an announcement (the "Improved Possible Offer") on 13 March 2024. Ageas believes that the proposal, on these terms, would have created significant value for both groups of shareholders and other stakeholders. Throughout the entire process, Ageas has always sought engagement with Direct Line's Board. Ageas regrets that it has not been able to work collaboratively together with the Board of Directors of Direct Line towards a recommended Firm Offer. Ageas was not able to identify additional elements based on publicly available information that would justify significant adjustments to the terms of its possible offer. Therefore, consistent with its financial discipline, Ageas has decided not to make a Firm Offer. Ageas continues to believe in the underlying attractiveness and future opportunities of the UK personal lines sector and the role of Ageas UK in this market, underpinned by its successful turnaround over the last few years. Ageas UK will continue to execute its focused personal lines insurance strategy alongside its valued distribution partners. Ageas remains focused on the execution of its strategy, as a group of local companies outperforming in their markets, benefitting from synergies within the Group. Ageas re-iterates its confidence to deliver on its stated Impact24 financial and operating targets thanks to the strong performance of its operating entities. The Group's solid foundations underpin our attractive dividend growth ambitions in line with our stated Impact24 ambitions and beyond this strategic cycle. Hans De Cuyper, CEO of Ageas, said: "We had hoped to reach agreement on a jointly recommended Firm Offer together with the Direct Line Board. However, I am convinced that given the circumstances we took the right decision not to make an offer, staying true to who we are and what we stand for in terms of maintaining a friendly approach and respecting our financial discipline. I sincerely want to thank our employees and advisors who delivered outstanding performance exploring this opportunity, and our investors for their continued trust in our company".공고 • Mar 23Direct Line Insurance Group plc Proposes Dividend for the Year Ended 31 December 2023, Payable on 17 May 2024Direct Line Insurance Group plc is proposing a dividend for the year ended 31 December 2023 of 4.0 pence per share (£52 million). The final dividend is to be recommended to the shareholders at the annual general meeting scheduled for 8 May 2024 and paid on 17 May 2024 to shareholders on the register on 5 April 2024. The ex-dividend date will be 4 April 2024.공고 • Mar 21+ 1 more updateDirect Line Insurance Group plc Announces Directorate ChangeThe Board of Direct Line Insurance Group plc ('DLG') announces that Carol Hagh will be appointed as an independent Non-Executive Director and a member of the Nomination and Governance Committee with effect from 1 April 2024 and that Jon Greenwood, formerly Acting Chief Executive Officer, has stepped down as an Executive Director. Carol's career has spanned actuarial services and technology consultancy; brand, marketing and customer strategic development; board and executive search, in which she led Spencer Stuart's UK insurance practice; and senior executive coaching. In senior leadership roles in general insurance, she was responsible for digital transformation, direct channel development, and proposition design. She has led customer-centric culture transformation and data-driven approaches to improving customer satisfaction.공고 • Mar 15ageas SA/NV (ENXTBR:AGS) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG).ageas SA/NV (ENXTBR:AGS) made an offer to acquire Direct Line Insurance Group plc (LSE:DLG) for approximately £3 billion on January 19, 2024. Under the terms of Ageas' Possible Offer, Direct Line shareholders would receive £1 in cash and one new Ageas share for every 25.24047 Direct Line Group shares. As of February 29, 2024, the Board considered the Proposal with its advisers and considered it to be uncertain, unattractive, and that it significantly undervalued Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the Proposal. As of March 13, 2024, Ageas SA/NV submitted an improved possible offer to the Board of Directors of Direct Line to acquire the entire issued and to be issued share capital of Direct Line. Under the terms of Ageas' Improved Possible Offer, Direct Line shareholders would receive: (i) £1.20 in cash for each Direct Line share; and (ii) One newly issued Ageas share for every 28.41107 Direct Line shares. The Improved Possible Offer has an implied value of £2.39 per Direct Line share, representing a significant premium of 46% to 163.35 pence, being the undisturbed closing share price per Direct Line share on the business day prior to the announcement of the Initial Possible Offer. The Improved Possible Offer values the entire issued and to be issued ordinary share capital of Direct Line at approximately £3.171 million. The cash component of the consideration and associated transaction costs will ultimately be financed through a mix of existing cash and newly issued debt instruments. The share consideration is intended to be satisfied via newly issued Ageas shares. The transaction remains subject to the satisfaction or waiver by Ageas of a number of pre-conditions, including, among others, completion of satisfactory due diligence by Ageas and reciprocal due diligence by Direct Line, receipt of irrevocable undertakings from each member of the Direct Line Board of Directors who holds Direct Line shares and Direct Line shareholders to vote in favor of the Improved Possible Offer, agreement of the detailed terms of the Improved Possible Offer and the unanimous and unqualified recommendation of the Board of Direct Line. Ageas reserves the right to waive in whole or in part any pre-conditions. Jonathan Alpert, Geoff Iles, Marcus Jackson, Benjamin Ries and Sid Rishi of Merrill Lynch International acted as a financial advisor, Linklaters LLP acted as a legal advisor to ageas. Mark Sorrell, Charlie Lytle and Ashish Pokharna of Goldman Sachs International; Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley & Co. International plc, Oliver Hearsey, Elliot Thomas and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisors to Direct line. Marie-Soazic Geffroy, Hubert Vannier, Derek Shakespeare, Inigo de Areilza, Charles Farquhar of Deutsche Bank AG, London Branch is acting as a financial adviser to Ageas. Simon Robey of Robey Warshaw LLP and Chetan Singh and James Robinson of J.P. Morgan Securities plc acted as financial advisor to Direct Line Insurance Group. ageas SA/NV (ENXTBR:AGS) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) on March 13, 2024. Direct Line Insurance Board considered the Latest Proposal with its advisers and continues to believe the Latest Proposal is uncertain, unattractive, and that it significantly undervalues Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the Latest Proposal. Direct Line Group shareholders are advised to take no action.공고 • Mar 01+ 1 more updateDirect Line Insurance Group plc Appoints Tracy Corrigan as Chair of Sustainability CommitteeDirect Line Insurance Group plc announced that it has resolved to appoint Tracy Corrigan as Chair of the Board's Sustainability Committee with immediate effect.공고 • Feb 29Direct Line Soars as Ageas Mulls 3.10b BidShares in Direct Line Insurance Group plc (LSE:DLG) jumped on February 28, 2024 after Belgian insurer ageas SA/NV (ENXTBR:AGS) confirmed it was considering making an offer for the company. Shares in Direct Line, the Bromley, England-based motor and home insurer, soared 22% to 199.69 pence each in London on February 28, 2024. Ageas said the terms of the proposed cash and shares offer had an implied value of 233p per Direct Line share, representing a premium of 43% to 163.35 pence, closing price on February 27, 2024. The terms of the proposed bid are 100p in cash for each Direct Line share, and one new Ageas share for every 25.24047 Direct Line shares. Ageas said this would value Direct Line at around GBP 3.10 billion. A combination offered "compelling strategic and financial value for both Ageas and Direct Line shareholders", it added. Ageas highlighted the potential to drive operational improvements and efficiencies, in part through the removal of overlapping overhead costs after the integration of Ageas' and Direct Line'sUK businesses. Earlier February 28, 2024, Bloomberg reported that Direct Line had rebuffed an approach from Ageas, citing people familiar with the matter.공고 • Feb 09Direct Line Insurance Group plc to Report Fiscal Year 2023 Results on Mar 21, 2024Direct Line Insurance Group plc announced that they will report fiscal year 2023 results at 7:00 AM, Coordinated Universal Time on Mar 21, 2024공고 • Dec 07Direct Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced the following changes to the membership of the Board and its Committees. Sebastian James, Independent Non-Executive Director and Chair of the Sustainability Committee, who was appointed to the Board in August 2014, will be stepping down from the Board on 31 December 2023, having served as a Non-Executive Director for over nine years. David Neave, Independent Non-Executive Director, has been appointed as a member of the Audit Committee and the Board Risk Committee with effect from 6 December 2023. Tracy Corrigan, Mark Gregory, Adrian Joseph, Mark Lewis, Fiona McBain, David Neave and Gregor Stewart, independent Non-Executive Directors, will be appointed as members of the Nomination and Governance Committee with effect from 1 January 2024.공고 • Oct 20Direct Line Insurance Group plc Appoints David Neave as Independent Non-Executive DirectorThe Board of Direct Line Insurance Group plc announced that David Neave has been appointed as an independent Non-Executive Director with effect from 19 October 2023. David's career has spanned General and Life Insurance, broking and the legal and technology sectors. He is Chair of the Advisory Board of The Common Automotive Platform Standard (CAPS) and has previously held chairmanships, non-executive directorships and advisory roles in a number of insurance, InsurTech, consultancy and legal businesses, including Slater and Gordon UK Ltd, The Solicitors Indemnity Fund, Liverpool Victoria Friendly Society and Accenture UK Ltd. His executive career culminated in his appointment as Chief Executive of General Insurance for Co-Operative Insurance, which followed over twenty years of senior management roles in claims and underwriting at RSA.공고 • Sep 18Direct Line Insurance Group plc(LSE:DLG) dropped from FTSE All-World Index (USD)Direct Line Insurance Group plc(LSE:DLG) dropped from FTSE All-World Index (USD)Reported Earnings • Sep 11First half 2023 earnings released: UK£0.046 loss per share (vs UK£0.003 loss in 1H 2022)First half 2023 results: UK£0.046 loss per share (further deteriorated from UK£0.003 loss in 1H 2022). Revenue: UK£1.66b (up 14% from 1H 2022). Net loss: UK£60.2m (loss widened UK£56.6m from 1H 2022). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 2.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.공고 • Sep 08RSA Insurance Group Limited signed an agreement to acquire Brokered commercial insurance business from Direct Line Insurance Group plc for £550 million.RSA Insurance Group Limited signed an agreement to acquire Brokered commercial insurance business from Direct Line Insurance Group plc for £550 million on September 6, 2023. As per the terms of the transaction, the Initial consideration is of £520 million, and potential further consideration of up to £30 million, contingent upon certain earn-out provisions relating to the financial performance of the Brokered Commercial Insurance Business. As at June 30, 2023, the total assets of the Brokered Commercial Insurance Business were £8 million. Transaction is subject to regulatory, court, and Direct line shareholders approval. The Direct line Board unanimously recommends that Direct Line Group shareholders vote in favor of the Transaction at the Company's general meeting. Morgan Stanley & Co. International plc, RBC Europe Limited acted as financial adviosrs, Allen & Overy LLP acted as a legal advisor to Direct Line Insurance Group plc.Board Change • Sep 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Acting CEO, Chief Commercial Officer & Director Jon Greenwood was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • Sep 01Direct Line Insurance Announces CEO ChangesDirect Line Insurance announced that it has appointed, Adam Winslow, as Chief Executive Officer. Winslow will take over in the first-quarter of 2024. Since May 2021, Winslow has led Aviva's UK and Ireland general insurance business. Prior to this, he was CEO of Global Life at AIG Life and Retirement, now Corebridge. On January 27, Direct Line had announced that its CEO Penny James has decided to step down with immediateeffect. Subsequently, its Chief Commercial Officer Jon Greenwood has been acting as the chief executive. As planned, Jon intends leave his executive career to pursue other opportunities.공고 • Jun 02Direct Line Insurance Group plc to Report First Half, 2023 Results on Sep 07, 2023Direct Line Insurance Group plc announced that they will report first half, 2023 results on Sep 07, 2023Recent Insider Transactions • Jun 01Acting Chief Executive Officer recently sold €163k worth of stockOn the 26th of May, Jonathan Greenwood sold around 85k shares on-market at roughly €1.91 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonathan has been a net seller over the last 12 months, reducing personal holdings by €177k.Reported Earnings • Mar 14Full year 2022 earnings released: UK£0.043 loss per share (vs UK£0.24 profit in FY 2021)Full year 2022 results: UK£0.043 loss per share (down from UK£0.24 profit in FY 2021). Revenue: UK£3.17b (down 1.4% from FY 2021). Net loss: UK£39.5m (down 112% from profit in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공고 • Feb 18Direct Line Insurance Group plc Appoints Mark Lewis as Independent Non-Executive Director, Effective 30 March 2023The Board of Direct Line Insurance Group plc announced that Mark Lewis will be appointed as an independent Non-Executive Director with effect from 30 March 2023. Mark's career has spanned financial services, retail, e-commerce, management consultancy and advertising. Most recently, he was Chief Executive of the MoneySupermarket Group, overseeing a period of revenue and profit growth for the UK listed price comparison business. In earlier roles, Mark was the Retail and Online Director for John Lewis and the Managing Director of eBay UK, having started his career producing advertising. Mark is an independent non-executive director of Santander UK plc and a trustee of The Photographers' Gallery.공고 • Jan 27+ 1 more updateDirect Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced that Penny James has agreed with the Board that she will step down as a Director with immediate effect. The Board is initiating a process to identify and appoint a successor CEO. Until that process is complete, Jon Greenwood, currently Chief Commercial Officer, has been appointed to join the Board, subject to any additional regulatory approvals. Penny will assist with the process of transition to ensure a smooth handover of responsibilities. Jon has a successful track record in leading Commercial business and as Chief Commercial Officer has a deep understanding of the Group.공고 • Jan 11Direct Line Insurance Group plc Omits to Pay Final Dividend for the Financial Year 2022Direct Line Insurance Group plc announced that the dynamics of 2022, and in particular the additional factors in the fourth quarter, have resulted in a capital coverage that is now expected to be at the lower end of its risk appetite range of 140% to 180%. Therefore, the Board no longer expects to pay a final dividend for the 2022 financial year.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.78, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 8.7% over the past three years.공고 • Nov 05+ 1 more updateDirect Line Insurance Group plc to Report Fiscal Year 2022 Results on Mar 07, 2023Direct Line Insurance Group plc announced that they will report fiscal year 2022 results on Mar 07, 2023Reported Earnings • Aug 03First half 2022 earnings released: EPS: UK£0.10 (vs UK£0.14 in 1H 2021)First half 2022 results: EPS: UK£0.10 (down from UK£0.14 in 1H 2021). Revenue: UK£1.60b (flat on 1H 2021). Net income: UK£137.4m (down 30% from 1H 2021). Profit margin: 8.6% (down from 12% in 1H 2021). Over the next year, revenue is expected to shrink by 4.1% compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 9% per year.공고 • Aug 02Direct Line Insurance Group plc Announces Interim Dividend, Payable on 9 September 2022The Board of Direct Line Insurance Group plc has announced an interim dividend of 7.6 pence per share (2021: 7.6 pence). The interim dividend is scheduled to be paid on 9 September 2022 to shareholders on the register on 12 August 2022. The ex-dividend date will be 11 August 2022.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €2.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Insurance industry in Germany. Total loss to shareholders of 23% over the past three years.공고 • Jul 18Direct Line Insurance Group plc Provides Earnings Guidance for the Full Year of 2022Direct Line Insurance Group plc provided earnings guidance for the full year of 2022. Given the higher current year loss ratio, the Group now expects the full year 2022 combined operating ratio to be in the range of 96% to 98%, normalised for weather. Whilst the Group still expects 2022 net investment income yield to be around 1.7%, based on current reinvestment rates and maturity profile it expects this to increase to around 2.2% in 2023.공고 • May 12+ 1 more updateDirect Line Insurance Group plc Announces Board AppointmentsDirect Line Insurance Group plc announced the appointment of Tracy Corrigan and Neil Manser as a director of the company.Upcoming Dividend • Mar 31Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 17 May 2022. Payout ratio and cash payout ratio are on the higher end at 93% and 100% respectively. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.7%). Higher than average of industry peers (4.5%).공고 • Mar 10Direct Line Insurance Group plc Recommends Final Dividend for the Year Ended 31 December 2021, Payable on 17 May 2022The board of Direct Line Insurance Group plc has recommended a final dividend of 15.1 pence per share for the year ended 31 December 2021 (2020: 14.7 pence), an increase of 0.4 pence per share (2.7%). The final dividend will be paid on 17 May 2022 to shareholders on the register on 8 April 2022. The ex-dividend date will be 7 April 2022.Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: UK£0.24 (down from UK£0.26 in FY 2020). Revenue: UK£3.21b (flat on FY 2020). Net income: UK£327.1m (down 6.7% from FY 2020). Profit margin: 10% (in line with FY 2020). Combined ratio: 90.1% (down from 91.0% in FY 2020). Revenue missed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 4.1% compared to a 20% growth forecast for the insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.Recent Insider Transactions • Sep 03Independent Non-Executive Chairman recently bought €60k worth of stockOn the 2nd of September, Danuta Gray bought around 17k shares on-market at roughly €3.62 per share. This was the largest purchase by an insider in the last 3 months. This was Danuta's only on-market trade for the last 12 months.Reported Earnings • Aug 05First half 2021 earnings released: EPS UK£0.14 (vs UK£0.14 in 1H 2020)The company reported a mediocre first half result with weaker revenues, although profit margins were flat and earnings improved. First half 2021 results: Revenue: UK£1.59b (down 1.2% from 1H 2020). Net income: UK£195.5m (up 6.1% from 1H 2020). Profit margin: 12% (in line with 1H 2020).Executive Departure • May 21Independent Non-Executive Director has left the companyOn the 13th of May, Jane Hanson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. As of March 2021, Jane personally held 11.08k shares (€41k worth at the time). A total of 3 executives have left over the last 12 months.Executive Departure • May 21CFO & Executive Director has left the companyOn the 13th of May, Timothy Harris' tenure as CFO & Executive Director ended after 1.6 years in the role. As of March 2021, Timothy personally held only 5.79k shares (€21k worth at the time). A total of 3 executives have left over the last 12 months.Recent Insider Transactions • Apr 03Chief Operating Officer recently sold €58k worth of stockOn the 29th of March, Steven Maddock sold around 16k shares on-market at roughly €3.69 per share. This was the largest sale by an insider in the last 3 months. Steven has been a seller over the last 12 months, reducing personal holdings by €602k.Upcoming Dividend • Apr 01Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 20 May 2021. Trailing yield: 7.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.1%).Reported Earnings • Mar 26Full year 2020 earnings released: EPS UK£0.26 (vs UK£0.29 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£3.23b (down 2.3% from FY 2019). Net income: UK£350.6m (down 13% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). Combined ratio: 91.0% (down from 92.2% in FY 2019).Reported Earnings • Mar 10Full year 2020 earnings released: EPS UK£0.26 (vs UK£0.29 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: UK£3.21b (down 2.7% from FY 2019). Net income: UK£367.2m (down 9.0% from FY 2019). Profit margin: 11% (in line with FY 2019). Combined ratio: 91.0% (down from 92.2% in FY 2019).Analyst Estimate Surprise Post Earnings • Mar 10Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is expected to shrink by 5.5% compared to a 12% growth forecast for the Insurance industry in Germany.Is New 90 Day High Low • Mar 04New 90-day high: €3.80The company is up 13% from its price of €3.35 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.21 per share.공고 • Jan 12+ 2 more updatesDirect Line Insurance Group plc to Report Fiscal Year 2020 Results on Mar 02, 2021Direct Line Insurance Group plc announced that they will report fiscal year 2020 results on Mar 02, 2021Is New 90 Day High Low • Jan 04New 90-day high: €3.49The company is up 15% from its price of €3.02 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.71 per share.공고 • Dec 23Direct Line Insurance Group plc Announces Board ChangesThe Board of Direct Line Insurance Group plc ('DLG') announced that it has agreed the following changes to its composition and to the membership of its Remuneration, Investment and Corporate Responsibility Committees. Adrian Joseph OBE will join the Board and become a member of the Corporate Responsibility Committee with effect from 1 January 2021. Adrian is Managing Director, Group AI and Data Solutions at BT. Before joining BT, he was a senior partner at EY, Head of the UK Data and Analytics practice for Financial Services and a member of the European Innovation Board. He joined EY after ten years at Google, where his last role was Director, Analytics and Measurement Services, EMEA. Before joining Google, Adrian had some 15 years of experience in the automotive industry and in management consultancy. Jane Hanson, independent Non-Executive Director and Chair of the Board Risk Committee, who was appointed to the Board in December 2011, will be stepping down from the Board at the conclusion of the Annual General Meeting in May 2021 after having served as a Non-Executive Director for over nine years. Richard Ward, Senior Independent Director, will become a member of the Remuneration Committee with effect from 1 January 2021. Fiona McBain, independent Non-Executive Director, will become a member of the Investment Committee, also with effect from 1 January 2021.공고 • Dec 19Direct Line Insurance Group plc, Annual General Meeting, May 13, 2021Direct Line Insurance Group plc, Annual General Meeting, May 13, 2021.Is New 90 Day High Low • Oct 29New 90-day low: €2.90The company is down 11% from its price of €3.25 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.85 per share.공고 • Oct 27Direct Line Insurance Group plc Announces Appointments to Board CommitteesThe Board of Direct Line Insurance Group plc announced that it has resolved to make the following appointments with immediate effect: Danuta Gray, Chair of the Board, is appointed as Chair of the Nomination & Governance Committee; Mark Gregory, independent Non-Executive Director, is appointed as interim Chair of the Remuneration Committee; and Sebastian James, independent Non-Executive Director, is appointed as a member of the Nomination & Governance Committee.Is New 90 Day High Low • Sep 30New 90-day low: €2.94The company is down 3.0% from its price of €3.02 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.20 per share.공고 • Jul 17Direct Line Insurance Group plc (LSE:DLG) agreed to acquire Brolly UK Technology Limited.Direct Line Insurance Group plc (LSE:DLG) agreed to acquire Brolly UK Technology Limited on July 16, 2020. As part of the transaction, Phoebe Hugh and team of Brolly UK Technology Limited will join Direct Line Insurance Group plc. The transaction is conditional and expected to complete in third quarter of 2020.이익 및 매출 성장 예측DB:D1LN - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20273,183333N/A602412/31/20263,246322281487612/31/20253,263258201803612/31/20244,792146-471-364N/A9/30/20244,321224-530-423N/A6/30/20243,381303-588-481N/A3/31/20243,326254-163-38N/A12/31/20233,741206262405N/A9/30/20233,368-49597766N/A6/30/20232,995-3059321,126N/A3/31/20232,936-277806963N/A12/31/20222,876-248680800N/A9/30/20222,981-60628750N/A6/30/20223,086128575700N/A3/31/20223,149228438569N/A12/31/20213,212327301439N/A9/30/20213,210344195351N/A6/30/20213,20836289264N/A3/31/20213,218356256424N/A12/31/20203,228351424585N/A9/30/20203,246367352526N/A6/30/20203,264384281467N/A3/31/20203,285394278464N/A12/31/20193,305403276462N/A9/30/20193,320416486630N/A6/30/20193,335429696798N/A3/31/20193,377442516645N/A12/31/20183,420455336492N/A9/30/20183,454422N/A504N/A6/30/20183,488388N/A517N/A3/31/20183,484411N/A532N/A12/31/20173,479434N/A546N/A9/30/20173,441376N/A545N/A6/30/20173,404318N/A545N/A3/31/20173,362299N/A704N/A12/31/20163,320279N/A862N/A9/30/20163,291334N/A766N/A6/30/20163,263389N/A669N/A3/31/20163,243394N/A607N/A12/31/20153,223399N/A545N/A6/30/20153,239442N/A820N/A3/31/20153,272401N/A765N/A12/31/20143,305359N/A711N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: D1LN 의 연간 예상 수익 증가율(16.9%)이 saving rate(1.3%)보다 높습니다.수익 vs 시장: D1LN 의 연간 수익(16.9%)이 German 시장(15.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: D1LN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: D1LN 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -6.4%).고성장 매출: D1LN 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -6.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: D1LN의 자본 수익률은 3년 후 13.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YInsurance 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/07/02 14:24종가2025/06/30 00:00수익2024/12/31연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Direct Line Insurance Group plc는 11명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Thomas SeidlBernsteinJoanna ParsonsCanaccord GenuityJames ShuckCitigroup Inc8명의 분석가 더 보기
공고 • Jul 18Direct Line Insurance Group plc Provides Earnings Guidance for the Full Year of 2022Direct Line Insurance Group plc provided earnings guidance for the full year of 2022. Given the higher current year loss ratio, the Group now expects the full year 2022 combined operating ratio to be in the range of 96% to 98%, normalised for weather. Whilst the Group still expects 2022 net investment income yield to be around 1.7%, based on current reinvestment rates and maturity profile it expects this to increase to around 2.2% in 2023.
공고 • Jul 03FCA Cancels Listing of Direct Line Insurance Group Shares from Official List & LSEDirect Line Insurance Group plc announced that Further to the announcement made by the boards of Direct Line and Aviva on 2 July 2025, Direct Line announces that, following an application by Direct Line, the Financial Conduct Authority has cancelled the listing of Direct Line Shares on the Official List and the London Stock Exchange has cancelled the trading of Direct Line Shares on the London Stock Exchange's Main Market for listed securities, in each case with effect from 8:00 a.m. (London time), 3 July 2025. Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the scheme document published on 10 February 2025 in relation to the recommended cash and share offer by Aviva for the entire issued and to be issued share capital of Direct Line, effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the "Scheme Document").
공고 • Jul 02+ 6 more updatesAviva plc (LSE:AV.) acquired Direct Line Insurance Group plc (LSE:DLG).Aviva plc (LSE:AV.) submitted a non-binding proposal to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.3 billion on November 19, 2024. Aviva reached preliminary agreement to acquire Direct Line Insurance Group plc (LSE:DLG) on December 6, 2024. Aviva reached an agreement to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.6 billion on December 23, 2024 The consideration consists of common equity of Aviva plc at a ratio of 0.282 per common equity of Direct Line Insurance Group plc. A cash consideration valued at £1.125 per share will be paid by Aviva plc. As part of consideration, an undisclosed value is paid towards common equity of Direct Line Insurance Group plc. The Proposal represents total consideration valued at £0.250 per share. Aviva is required to either announce a firm intention to make an offer for the Company or announce that it does not intend to make an offer for the Company by December 25, 2024. As of on November 26, 2024. Direct Line Insurance board unanimously rejected the Proposal stating that the Proposal as substantially undervaluing Direct Line and has declined to engage further with Aviva. As of December 6, 2024, Aviva made a Proposal that represents total consideration valued at 275 pence per Direct Line share to be delivered as 129.7 pence per Direct Line share in cash, funded through Aviva's internally available cash resources; 0.2867 new Aviva shares per Direct Line share; and dividend payments of up to 5 pence per Direct Line share in aggregate (Permitted Dividend), to be paid (subject to the approval of the Board of Direct Line) prior to completion. Direct Line shareholders would own approximately 12.5% of the issued and to be issued share capital of Aviva. The Board of Direct Line has concluded that the Proposal is at a value that it would be minded recommending to Direct Line shareholders should a firm intention to make an offer. As of December 23, 2024, Direct Line Directors intend to recommend unanimously that Direct Line Shareholders vote (or procure votes) in favour of the Scheme. The Scheme is expected to become Effective in mid-2025, subject to the satisfaction or, where permitted, waiver of the Conditions set out. The transaction is the Scheme must be approved by a majority in number of the Scheme Shareholders present and voting at the Court Meeting, and certain regulatory approvals. Direct Line shareholder meetings are scheduled to be held on March 10, 2025 and the transaction, subject to regulatory clearances. As of March 10, 2025, Direct Line shareholders have approved the transaction. On May 15, 2025, The UK's Competition and Markets Authority (CMA) has launched a probe with respect to the transaction investigating whether the merger would lead to a substantial lessening of competition within any market or markets in the United Kingdom for goods or services. The CMA is seeking feedback from interested parties by May 29, 2025 with its findings from the initial phase of the probe due to be published in July 2025. As of June 17, 2025, Direct Line and Aviva are pleased to announce that the FCA and the PRA have each given written notice to Aviva approving the acquisition of control in respect of a UK authorized person contemplated by the Acquisition and the SRA has approved the acquisition by Aviva. Received Clearance from the CMA in respect of the Acquisition is a condition to the Acquisition. As a result, Aviva and Direct Line are pleased to confirm that all Conditions relating to the receipt of regulatory and antitrust approvals have now been satisfied or (where capable of waiver) waived. In particular, the Sanction Hearing has been scheduled to be held on July 1, 2025 and the Scheme is expected to become Effective on July 1, 2025. Upon completion, Direct Line Chief Executive Adam Winslow and Chief Financial Officer Jane Poole step down from the board and will be replaced by Jason Storah and Stephen Pond respectively. Storah and Pond are the current CEO and CFO of Aviva's General Insurance UK&I division. Former chair and current non-executive director of Aviva Ian Clark will be chair of the enlarged company. As of July 1, 2025 CMA has cleared the anticipated acquisition by Aviva plc of Direct Line Insurance Group plc., not to refer the above merger to a phase 2 investigation. The Scheme will become Effective upon the delivery of the Court Order to the Registrar of Companies, which is anticipated to occur later today. Peter Brown, Sian Evans, Peter Catterall and Michael Lamb of Citigroup Global Markets Limited, and Anthony Gutman, Nimesh Khiroya and Bertie Whitehead of Goldman Sachs International acted as financial advisors and PricewaterhouseCoopers acted as accountant for Aviva plc. Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley & Co. International plc, Simon Robey and Chetan Singh of Robey Warshaw LLP and Oliver Hearsey, Daniel Ohana and Elliot Thomas of RBC Europe Limited acted as financial advisers to Direct Line Insurance. Sonia Gilbert, Juliette Graham, Richard Compton, Chinwe Odimba-Chapman, Clare Hoxey, Nicholas Kinnersley, Thomas Isola, Simon Sinclair and Maria de Elizalde of Clifford Chance LLP is acting as legal adviser to Aviva and Roland Turnill, Robert Innes, Richard Hilton, William Turtle, Nick Bonsall, David Shone, Phil Linnard, Daniel Schaffer, Mike Lane, and Guy O'Keefe of Slaughter and May is acting as legal adviser and Computershare Investor Services PLC is the registrar to Direct Line. Tom Mercer and Tim Rennie of Ashurst acted as legal advisor to Citi and Goldman Sachs. Aviva plc (LSE:AV.) completed the acquisition of Direct Line Insurance Group plc (LSE:DLG) on July 2, 2025. Direct Line Shares will be suspended from trading on the London Stock Exchange's Main Market starting at 7:30 a.m. today. The de-listing and cancellation of trading are expected to be completed by 8:00 a.m. on July 3, 2025. As of July 3, 2025, 378,143,305 new ordinary shares in the capital of Aviva were admitted to listing on the Official List maintained by the Financial Conduct Authority (the "FCA") and to trading on the London Stock Exchange's main market for listed securities, with effect from July 3, 2025.
공고 • Jun 27Direct Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced that further to the announcement on June 23, 2025 outlining intended Direct Line board changes, following a Board meeting held on June 26, 2025, Direct Line confirms that the individuals listed as prospective directors in the June 23 announcement have now been formally appointed as directors of Direct Line, subject to, and with effect from, the scheme of arrangement to implement Aviva's acquisition of Direct Line becoming effective. In accordance with the Financial Conduct Authority's UK Listing Rules ("UKLR"), the details of all directorships held by those individuals in other publicly quoted companies at any time in the previous five years are as follows: Ian Clark, Aviva plc, Non-Executive Director (11 March 2024 - present) and Sabre Insurance Group plc, Non-Executive Director (21 September 2017- 22 May 2024); Fiona Fry, AJ Bell plc,Non-Executive Director(7 December 2023 - present) and Charlotte Jones, Aviva plc, Group Chief Financial Officer (5 September 2022 - present) and RSA Insurance Group plc, Chief Financial Officer (1 April 2018 - 1 April 2022).
공고 • Jun 24+ 2 more updatesDirect Line Insurance Group plc Announces Board ResignationsDirect Line Insurance Group plc announced that Adam Winslow and Jane Poole have agreed to step down from their respective positions from the Direct Line Board. Both will serve the first two months of their notice period on garden leave, during which time they will remain available for transitional support. The current Non-Executive Directors of Direct Line, Danuta Gray, Richard Ward, Tracy Corrigan, Mark Gregory, Carol Hagh, Adrian Joseph OBE, Mark Lewis, Fiona McBain, David Neave, and Gregor Stewart intend to resign from the Direct Line Board. Aviva intends to appoint new directors for Direct Line: Ian Clark - Chair; Deepak Haria; Fiona Fry; Chris Clark; Cristina Nestares; Wes Scott; Rees Aronson; and Charlotte Jones. On 17 June 2025, Aviva and Direct Line announced that all conditions relating to the receipt of regulatory and antitrust approvals had been satisfied or waived and that, the Court Sanction Hearing had been scheduled for, and the Scheme is expected to become Effective on, 1 July 2025.
공고 • May 16Direct Line Insurance Group plc Approves Final DividendDirect Line Insurance Group plc approved a final dividend of 5.0 pence per share, at its AGM held on 14 May 2025.
공고 • Mar 05Direct Line Insurance Group plc, Annual General Meeting, May 14, 2025Direct Line Insurance Group plc, Annual General Meeting, May 14, 2025.
공고 • Feb 11Direct Line Insurance Group plc to Report Fiscal Year 2024 Results on Mar 04, 2025Direct Line Insurance Group plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Mar 04, 2025
Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Group CFO & Executive Director Jane Poole was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • Nov 28Aviva plc (LSE:AV.) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) for £3.25 billion.Aviva plc (LSE:AV.) submitted a non-binding proposal to acquire Direct Line Insurance Group plc (LSE:DLG) for £3.25 billion on November 19, 2024. The consideration consists of common equity of Aviva plc at a ratio of 0.282 per common equity of Direct Line Insurance Group plc. A cash consideration valued at £1.125 per share will be paid by Aviva plc. As part of consideration, an undisclosed value is paid towards common equity of Direct Line Insurance Group plc. The Proposal represents total consideration valued at 250 pence per share. Aviva is required to either announce a firm intention to make an offer for the Company or announce that it does not intend to make an offer for the Company by December 25, 2024. Peter Brown, Sian Evans, Peter Catterall and Michael Lamb of Citigroup Global Markets Limited acted as financial advisor for Aviva plc. Anthony Gutman, Nimesh Khiroya and Bertie Whitehead of Goldman Sachs International acted as financial advisor for Aviva plc. Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley International Limited acted as financial advisor for Direct Line Insurance Group plc. Simon Robey and Chetan Singh of Robey Warshaw LLP acted as financial advisor for Direct Line Insurance Group plc. Aviva plc (LSE:AV.) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) on November 26, 2024. Direct Line Insurance board unanimously rejected the Proposal stating that the Proposal as substantially undervaluing Direct Line, and has declined to engage further with Aviva.
공고 • Nov 01Direct Line Insurance Group plc Appoints Carol Hagh as Member of Its Remuneration CommitteeThe Board of Direct Line Insurance Group plc announced that it has resolved to appoint Carol Hagh, independent Non-Executive Director, as a member of its Remuneration Committee with effect from 1 November 2024.
공고 • Oct 10Direct Line Insurance Group plc Announces Directorate and Committee ChangesDirect Line Insurance Group plc announced that Jane Poole has joined DLG as has been appointed to the Board as an Executive Director with effect from today. Jane has also been appointed as a member of the Board's Investment Committee. As announced on 10 April 2024, Jane is succeeding Neil Manser, who has ceased to be an Executive Director, also with effect from October 10, 2024.
Reported Earnings • Sep 06First half 2024 earnings released: EPS: UK£0.028 (vs UK£0.046 loss in 1H 2023)First half 2024 results: EPS: UK£0.028 (up from UK£0.046 loss in 1H 2023). Revenue: UK£1.69b (up 7.0% from 1H 2023). Net income: UK£36.1m (up UK£96.3m from 1H 2023). Profit margin: 2.1% (up from net loss in 1H 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
공고 • Sep 04Direct Line Insurance Group plc to Declare A Dividend, Payable on 11 October 2024Direct Line Insurance Group plc reviewed the progress the Group has made in turning around the business and, based on the Group's strong solvency coverage ratio and underlying capital generation over the last 12 months, has concluded it is appropriate to declare a dividend of 2.0 pence per share (£26 million). The dividend is scheduled to be paid on 11 October 2024 to shareholders on the register on 13 September 2024. The ex-dividend date will be 12 September 2024.
공고 • Jul 04Direct Line Insurance Group plc to Report First Half, 2024 Results on Sep 04, 2024Direct Line Insurance Group plc announced that they will report first half, 2024 results on Sep 04, 2024
Board Change • Jun 13High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Carol Hagh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • May 09Direct Line Insurance Group plc Approves Final DividendDirect Line Insurance Group plc at its Annual General Meeting held on May 8, 2024 approved a final dividend of 4.0 pence per share at the Annual General Meeting .
공고 • May 03Direct Line Insurance Group plc Announces Significant Leadership ChangesDirect Line Group announced three new appointments to its Executive Committee to further strengthen its management capability and drive growth. Craig Thornton is to be appointed Managing Director, Home and Growth, Martin Milliner as Managing Director of Claims and Hugh Hessing as Chief Operating Officer. All three appointments will report directly to the CEO and are subject to regulatory approval. In addition, the Group announced two further senior appointments: Roger Lowry as Director of Corporate Affairs and Alexandra Hayes as Chief of Staff to augment and strengthen the skills and experience of its leadership team. Both appointments will report directly to the CEO, Adam Winslow, and will attend the Executive Committee. In the role of Managing Director Home and Growth, Craig Thornton will lead the Group's Home and Growth insurance strategies across all brands and utilise his impressive track record at ExCo level for the benefit of the business more broadly. Craig joins the Group after spending the last ten years at Lloyds Banking Group, where he was General Insurance, Protection and Investments Director. Martin Milliner joins as Managing Director of Claims and brings extensive claims experience and expertise. He will drive the Group's ambition to build a market-leading claims function, delivering great service for customers and increasing operational efficiency. He joins the Group from Allianz where he was Claims Director and was previously Head of Operational Claims and Director of Claimant Technical Services at LV=. Martin is an industry thought leader and strategist and has sat on the Thatcham and Insurance Fraud Bureau boards. As Chief Operating Officer Hugh Hessing will lead Customer operations, Procurement, and Transformation activity across DLG ensuring there is a strong customer focus. Hugh has extensive experience in these areas, having been UK Chief Operating Officer and UK Customer Services Director at Aviva and CEO of Aviva Ireland. Hugh has also led major transformation initiatives that delivered significant outcomes whilst he was at Aviva and prior to that at KPMG. He has most recently been running his own consultancy business in the financial services sector. Roger Lowry will join as Director of Corporate Affairs to strengthen the Group's external and internal communications. Roger was most recently Director of Communications and Marketing at QBE Insurance. He brings a wealth of financial services and regulatory experience having also held senior positions at Royal Bank of Scotland and Ofcom. Alexandra Hayes (Alex) will take up the post of Chief of Staff to the CEO supporting him across the Group's strategic priorities and deliverables. Alex joins from Lloyd's where she has been Chief of Staff to the CEO. She has extensive experience of driving results across a range of financial services companies in various roles, along with multiple leadership roles on operations as a Royal Engineers Officer in the British Army.
공고 • Apr 10+ 1 more updateDirect Line Insurance Group plc Appoints Jane Poole as Board of Director, Effective October 2024Direct Line Insurance Group plc announced that Jane Poole will join the Board in October 2024, succeeding Neil Manser who has been in post since January 2021. Jane is a highly experienced CFO with extensive general insurance knowledge following a long and successful career building high performance teams in the financial services industry. Since 2021, she has been CFO for Aviva's UK and Ireland General Insurance business, driving business performance and improving profitability. Prior to this, Jane was CFO for Royal & Sun Alliance (RSA) UK & International businesses having held senior Finance roles at the insurer since 2006. Jane qualified as a Chartered Accountant with PricewaterhouseCoopers. Neil has been with the Group since 2011 and CFO since January 2021. Neil was instrumental in the Group's successful IPO in 2012 and has helped to steer the business through a series of external challenges in recent years. Neil will remain as CFO until Jane arrives to ensure an orderly transition of responsibilities.
공고 • Mar 25Ageas Plans Not to Make Further Offer for Direct Line Insuranceageas SA/NV (ENXTBR:AGS) announced that, following the two recent attempts to engage with the Board of Directors of Direct Line Insurance Group plc (LSE:DLG) ("Direct Line") in relation to the acquisition by Ageas of the entire issued and to be issued share capital of Direct Line, which were both rejected, it will not make an offer for Direct Line. As a result of this announcement, Ageas (and any persons acting in concert with it) will, except with the consent of the UK Panel on Takeovers and Mergers (the "Panel"), be bound by the restrictions contained in Rule 2.8 of the Code. For the purposes of Rule 2.8 of the Code, Ageas (and any persons acting in concert with it) reserves the right to announce an offer or possible offer for Direct Line or make or participate in an offer or possible offer for Direct Line and/or take any other action otherwise precluded under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances described in Note 2 to Rule 2.8 of the Code: (i) with the agreement of the Board of Directors of Direct Line; (ii) if a third party (including another publicly identified potential offeror) announces a firm intention to make an offer for Direct Line; (iii) if Direct Line announces a Rule 9 waiver or a reverse takeover (as defined in the Code); or (iv) if the Panel determines there has been a material change of circumstances. On 19 January 2024, Ageas provided the Board of Direct Line with an initial possible offer proposal (the "Initial Possible Offer") to acquire the entire issued and to be issued share capital of Direct Line. The terms of the Initial Possible Offer were improved on 9 March 2024 and set out in an announcement (the "Improved Possible Offer") on 13 March 2024. Ageas believes that the proposal, on these terms, would have created significant value for both groups of shareholders and other stakeholders. Throughout the entire process, Ageas has always sought engagement with Direct Line's Board. Ageas regrets that it has not been able to work collaboratively together with the Board of Directors of Direct Line towards a recommended Firm Offer. Ageas was not able to identify additional elements based on publicly available information that would justify significant adjustments to the terms of its possible offer. Therefore, consistent with its financial discipline, Ageas has decided not to make a Firm Offer. Ageas continues to believe in the underlying attractiveness and future opportunities of the UK personal lines sector and the role of Ageas UK in this market, underpinned by its successful turnaround over the last few years. Ageas UK will continue to execute its focused personal lines insurance strategy alongside its valued distribution partners. Ageas remains focused on the execution of its strategy, as a group of local companies outperforming in their markets, benefitting from synergies within the Group. Ageas re-iterates its confidence to deliver on its stated Impact24 financial and operating targets thanks to the strong performance of its operating entities. The Group's solid foundations underpin our attractive dividend growth ambitions in line with our stated Impact24 ambitions and beyond this strategic cycle. Hans De Cuyper, CEO of Ageas, said: "We had hoped to reach agreement on a jointly recommended Firm Offer together with the Direct Line Board. However, I am convinced that given the circumstances we took the right decision not to make an offer, staying true to who we are and what we stand for in terms of maintaining a friendly approach and respecting our financial discipline. I sincerely want to thank our employees and advisors who delivered outstanding performance exploring this opportunity, and our investors for their continued trust in our company".
공고 • Mar 23Direct Line Insurance Group plc Proposes Dividend for the Year Ended 31 December 2023, Payable on 17 May 2024Direct Line Insurance Group plc is proposing a dividend for the year ended 31 December 2023 of 4.0 pence per share (£52 million). The final dividend is to be recommended to the shareholders at the annual general meeting scheduled for 8 May 2024 and paid on 17 May 2024 to shareholders on the register on 5 April 2024. The ex-dividend date will be 4 April 2024.
공고 • Mar 21+ 1 more updateDirect Line Insurance Group plc Announces Directorate ChangeThe Board of Direct Line Insurance Group plc ('DLG') announces that Carol Hagh will be appointed as an independent Non-Executive Director and a member of the Nomination and Governance Committee with effect from 1 April 2024 and that Jon Greenwood, formerly Acting Chief Executive Officer, has stepped down as an Executive Director. Carol's career has spanned actuarial services and technology consultancy; brand, marketing and customer strategic development; board and executive search, in which she led Spencer Stuart's UK insurance practice; and senior executive coaching. In senior leadership roles in general insurance, she was responsible for digital transformation, direct channel development, and proposition design. She has led customer-centric culture transformation and data-driven approaches to improving customer satisfaction.
공고 • Mar 15ageas SA/NV (ENXTBR:AGS) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG).ageas SA/NV (ENXTBR:AGS) made an offer to acquire Direct Line Insurance Group plc (LSE:DLG) for approximately £3 billion on January 19, 2024. Under the terms of Ageas' Possible Offer, Direct Line shareholders would receive £1 in cash and one new Ageas share for every 25.24047 Direct Line Group shares. As of February 29, 2024, the Board considered the Proposal with its advisers and considered it to be uncertain, unattractive, and that it significantly undervalued Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the Proposal. As of March 13, 2024, Ageas SA/NV submitted an improved possible offer to the Board of Directors of Direct Line to acquire the entire issued and to be issued share capital of Direct Line. Under the terms of Ageas' Improved Possible Offer, Direct Line shareholders would receive: (i) £1.20 in cash for each Direct Line share; and (ii) One newly issued Ageas share for every 28.41107 Direct Line shares. The Improved Possible Offer has an implied value of £2.39 per Direct Line share, representing a significant premium of 46% to 163.35 pence, being the undisturbed closing share price per Direct Line share on the business day prior to the announcement of the Initial Possible Offer. The Improved Possible Offer values the entire issued and to be issued ordinary share capital of Direct Line at approximately £3.171 million. The cash component of the consideration and associated transaction costs will ultimately be financed through a mix of existing cash and newly issued debt instruments. The share consideration is intended to be satisfied via newly issued Ageas shares. The transaction remains subject to the satisfaction or waiver by Ageas of a number of pre-conditions, including, among others, completion of satisfactory due diligence by Ageas and reciprocal due diligence by Direct Line, receipt of irrevocable undertakings from each member of the Direct Line Board of Directors who holds Direct Line shares and Direct Line shareholders to vote in favor of the Improved Possible Offer, agreement of the detailed terms of the Improved Possible Offer and the unanimous and unqualified recommendation of the Board of Direct Line. Ageas reserves the right to waive in whole or in part any pre-conditions. Jonathan Alpert, Geoff Iles, Marcus Jackson, Benjamin Ries and Sid Rishi of Merrill Lynch International acted as a financial advisor, Linklaters LLP acted as a legal advisor to ageas. Mark Sorrell, Charlie Lytle and Ashish Pokharna of Goldman Sachs International; Ben Grindley, Laurence Hopkins and Melissa Godoy of Morgan Stanley & Co. International plc, Oliver Hearsey, Elliot Thomas and Ezzedine Ben Frej of RBC Europe Limited acted as financial advisors to Direct line. Marie-Soazic Geffroy, Hubert Vannier, Derek Shakespeare, Inigo de Areilza, Charles Farquhar of Deutsche Bank AG, London Branch is acting as a financial adviser to Ageas. Simon Robey of Robey Warshaw LLP and Chetan Singh and James Robinson of J.P. Morgan Securities plc acted as financial advisor to Direct Line Insurance Group. ageas SA/NV (ENXTBR:AGS) cancelled the acquisition of Direct Line Insurance Group plc (LSE:DLG) on March 13, 2024. Direct Line Insurance Board considered the Latest Proposal with its advisers and continues to believe the Latest Proposal is uncertain, unattractive, and that it significantly undervalues Direct Line Group and its future prospects while also being highly opportunistic in nature. Accordingly, the Board unanimously rejected the Latest Proposal. Direct Line Group shareholders are advised to take no action.
공고 • Mar 01+ 1 more updateDirect Line Insurance Group plc Appoints Tracy Corrigan as Chair of Sustainability CommitteeDirect Line Insurance Group plc announced that it has resolved to appoint Tracy Corrigan as Chair of the Board's Sustainability Committee with immediate effect.
공고 • Feb 29Direct Line Soars as Ageas Mulls 3.10b BidShares in Direct Line Insurance Group plc (LSE:DLG) jumped on February 28, 2024 after Belgian insurer ageas SA/NV (ENXTBR:AGS) confirmed it was considering making an offer for the company. Shares in Direct Line, the Bromley, England-based motor and home insurer, soared 22% to 199.69 pence each in London on February 28, 2024. Ageas said the terms of the proposed cash and shares offer had an implied value of 233p per Direct Line share, representing a premium of 43% to 163.35 pence, closing price on February 27, 2024. The terms of the proposed bid are 100p in cash for each Direct Line share, and one new Ageas share for every 25.24047 Direct Line shares. Ageas said this would value Direct Line at around GBP 3.10 billion. A combination offered "compelling strategic and financial value for both Ageas and Direct Line shareholders", it added. Ageas highlighted the potential to drive operational improvements and efficiencies, in part through the removal of overlapping overhead costs after the integration of Ageas' and Direct Line'sUK businesses. Earlier February 28, 2024, Bloomberg reported that Direct Line had rebuffed an approach from Ageas, citing people familiar with the matter.
공고 • Feb 09Direct Line Insurance Group plc to Report Fiscal Year 2023 Results on Mar 21, 2024Direct Line Insurance Group plc announced that they will report fiscal year 2023 results at 7:00 AM, Coordinated Universal Time on Mar 21, 2024
공고 • Dec 07Direct Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced the following changes to the membership of the Board and its Committees. Sebastian James, Independent Non-Executive Director and Chair of the Sustainability Committee, who was appointed to the Board in August 2014, will be stepping down from the Board on 31 December 2023, having served as a Non-Executive Director for over nine years. David Neave, Independent Non-Executive Director, has been appointed as a member of the Audit Committee and the Board Risk Committee with effect from 6 December 2023. Tracy Corrigan, Mark Gregory, Adrian Joseph, Mark Lewis, Fiona McBain, David Neave and Gregor Stewart, independent Non-Executive Directors, will be appointed as members of the Nomination and Governance Committee with effect from 1 January 2024.
공고 • Oct 20Direct Line Insurance Group plc Appoints David Neave as Independent Non-Executive DirectorThe Board of Direct Line Insurance Group plc announced that David Neave has been appointed as an independent Non-Executive Director with effect from 19 October 2023. David's career has spanned General and Life Insurance, broking and the legal and technology sectors. He is Chair of the Advisory Board of The Common Automotive Platform Standard (CAPS) and has previously held chairmanships, non-executive directorships and advisory roles in a number of insurance, InsurTech, consultancy and legal businesses, including Slater and Gordon UK Ltd, The Solicitors Indemnity Fund, Liverpool Victoria Friendly Society and Accenture UK Ltd. His executive career culminated in his appointment as Chief Executive of General Insurance for Co-Operative Insurance, which followed over twenty years of senior management roles in claims and underwriting at RSA.
공고 • Sep 18Direct Line Insurance Group plc(LSE:DLG) dropped from FTSE All-World Index (USD)Direct Line Insurance Group plc(LSE:DLG) dropped from FTSE All-World Index (USD)
Reported Earnings • Sep 11First half 2023 earnings released: UK£0.046 loss per share (vs UK£0.003 loss in 1H 2022)First half 2023 results: UK£0.046 loss per share (further deteriorated from UK£0.003 loss in 1H 2022). Revenue: UK£1.66b (up 14% from 1H 2022). Net loss: UK£60.2m (loss widened UK£56.6m from 1H 2022). Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 2.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
공고 • Sep 08RSA Insurance Group Limited signed an agreement to acquire Brokered commercial insurance business from Direct Line Insurance Group plc for £550 million.RSA Insurance Group Limited signed an agreement to acquire Brokered commercial insurance business from Direct Line Insurance Group plc for £550 million on September 6, 2023. As per the terms of the transaction, the Initial consideration is of £520 million, and potential further consideration of up to £30 million, contingent upon certain earn-out provisions relating to the financial performance of the Brokered Commercial Insurance Business. As at June 30, 2023, the total assets of the Brokered Commercial Insurance Business were £8 million. Transaction is subject to regulatory, court, and Direct line shareholders approval. The Direct line Board unanimously recommends that Direct Line Group shareholders vote in favor of the Transaction at the Company's general meeting. Morgan Stanley & Co. International plc, RBC Europe Limited acted as financial adviosrs, Allen & Overy LLP acted as a legal advisor to Direct Line Insurance Group plc.
Board Change • Sep 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Acting CEO, Chief Commercial Officer & Director Jon Greenwood was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • Sep 01Direct Line Insurance Announces CEO ChangesDirect Line Insurance announced that it has appointed, Adam Winslow, as Chief Executive Officer. Winslow will take over in the first-quarter of 2024. Since May 2021, Winslow has led Aviva's UK and Ireland general insurance business. Prior to this, he was CEO of Global Life at AIG Life and Retirement, now Corebridge. On January 27, Direct Line had announced that its CEO Penny James has decided to step down with immediateeffect. Subsequently, its Chief Commercial Officer Jon Greenwood has been acting as the chief executive. As planned, Jon intends leave his executive career to pursue other opportunities.
공고 • Jun 02Direct Line Insurance Group plc to Report First Half, 2023 Results on Sep 07, 2023Direct Line Insurance Group plc announced that they will report first half, 2023 results on Sep 07, 2023
Recent Insider Transactions • Jun 01Acting Chief Executive Officer recently sold €163k worth of stockOn the 26th of May, Jonathan Greenwood sold around 85k shares on-market at roughly €1.91 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jonathan has been a net seller over the last 12 months, reducing personal holdings by €177k.
Reported Earnings • Mar 14Full year 2022 earnings released: UK£0.043 loss per share (vs UK£0.24 profit in FY 2021)Full year 2022 results: UK£0.043 loss per share (down from UK£0.24 profit in FY 2021). Revenue: UK£3.17b (down 1.4% from FY 2021). Net loss: UK£39.5m (down 112% from profit in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공고 • Feb 18Direct Line Insurance Group plc Appoints Mark Lewis as Independent Non-Executive Director, Effective 30 March 2023The Board of Direct Line Insurance Group plc announced that Mark Lewis will be appointed as an independent Non-Executive Director with effect from 30 March 2023. Mark's career has spanned financial services, retail, e-commerce, management consultancy and advertising. Most recently, he was Chief Executive of the MoneySupermarket Group, overseeing a period of revenue and profit growth for the UK listed price comparison business. In earlier roles, Mark was the Retail and Online Director for John Lewis and the Managing Director of eBay UK, having started his career producing advertising. Mark is an independent non-executive director of Santander UK plc and a trustee of The Photographers' Gallery.
공고 • Jan 27+ 1 more updateDirect Line Insurance Group plc Announces Directorate ChangeDirect Line Insurance Group plc announced that Penny James has agreed with the Board that she will step down as a Director with immediate effect. The Board is initiating a process to identify and appoint a successor CEO. Until that process is complete, Jon Greenwood, currently Chief Commercial Officer, has been appointed to join the Board, subject to any additional regulatory approvals. Penny will assist with the process of transition to ensure a smooth handover of responsibilities. Jon has a successful track record in leading Commercial business and as Chief Commercial Officer has a deep understanding of the Group.
공고 • Jan 11Direct Line Insurance Group plc Omits to Pay Final Dividend for the Financial Year 2022Direct Line Insurance Group plc announced that the dynamics of 2022, and in particular the additional factors in the fourth quarter, have resulted in a capital coverage that is now expected to be at the lower end of its risk appetite range of 140% to 180%. Therefore, the Board no longer expects to pay a final dividend for the 2022 financial year.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.78, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Insurance industry in Germany. Total loss to shareholders of 8.7% over the past three years.
공고 • Nov 05+ 1 more updateDirect Line Insurance Group plc to Report Fiscal Year 2022 Results on Mar 07, 2023Direct Line Insurance Group plc announced that they will report fiscal year 2022 results on Mar 07, 2023
Reported Earnings • Aug 03First half 2022 earnings released: EPS: UK£0.10 (vs UK£0.14 in 1H 2021)First half 2022 results: EPS: UK£0.10 (down from UK£0.14 in 1H 2021). Revenue: UK£1.60b (flat on 1H 2021). Net income: UK£137.4m (down 30% from 1H 2021). Profit margin: 8.6% (down from 12% in 1H 2021). Over the next year, revenue is expected to shrink by 4.1% compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 9% per year.
공고 • Aug 02Direct Line Insurance Group plc Announces Interim Dividend, Payable on 9 September 2022The Board of Direct Line Insurance Group plc has announced an interim dividend of 7.6 pence per share (2021: 7.6 pence). The interim dividend is scheduled to be paid on 9 September 2022 to shareholders on the register on 12 August 2022. The ex-dividend date will be 11 August 2022.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €2.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Insurance industry in Germany. Total loss to shareholders of 23% over the past three years.
공고 • Jul 18Direct Line Insurance Group plc Provides Earnings Guidance for the Full Year of 2022Direct Line Insurance Group plc provided earnings guidance for the full year of 2022. Given the higher current year loss ratio, the Group now expects the full year 2022 combined operating ratio to be in the range of 96% to 98%, normalised for weather. Whilst the Group still expects 2022 net investment income yield to be around 1.7%, based on current reinvestment rates and maturity profile it expects this to increase to around 2.2% in 2023.
공고 • May 12+ 1 more updateDirect Line Insurance Group plc Announces Board AppointmentsDirect Line Insurance Group plc announced the appointment of Tracy Corrigan and Neil Manser as a director of the company.
Upcoming Dividend • Mar 31Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 17 May 2022. Payout ratio and cash payout ratio are on the higher end at 93% and 100% respectively. Trailing yield: 8.2%. Within top quartile of German dividend payers (3.7%). Higher than average of industry peers (4.5%).
공고 • Mar 10Direct Line Insurance Group plc Recommends Final Dividend for the Year Ended 31 December 2021, Payable on 17 May 2022The board of Direct Line Insurance Group plc has recommended a final dividend of 15.1 pence per share for the year ended 31 December 2021 (2020: 14.7 pence), an increase of 0.4 pence per share (2.7%). The final dividend will be paid on 17 May 2022 to shareholders on the register on 8 April 2022. The ex-dividend date will be 7 April 2022.
Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: UK£0.24 (down from UK£0.26 in FY 2020). Revenue: UK£3.21b (flat on FY 2020). Net income: UK£327.1m (down 6.7% from FY 2020). Profit margin: 10% (in line with FY 2020). Combined ratio: 90.1% (down from 91.0% in FY 2020). Revenue missed analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 4.1% compared to a 20% growth forecast for the insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.
Recent Insider Transactions • Sep 03Independent Non-Executive Chairman recently bought €60k worth of stockOn the 2nd of September, Danuta Gray bought around 17k shares on-market at roughly €3.62 per share. This was the largest purchase by an insider in the last 3 months. This was Danuta's only on-market trade for the last 12 months.
Reported Earnings • Aug 05First half 2021 earnings released: EPS UK£0.14 (vs UK£0.14 in 1H 2020)The company reported a mediocre first half result with weaker revenues, although profit margins were flat and earnings improved. First half 2021 results: Revenue: UK£1.59b (down 1.2% from 1H 2020). Net income: UK£195.5m (up 6.1% from 1H 2020). Profit margin: 12% (in line with 1H 2020).
Executive Departure • May 21Independent Non-Executive Director has left the companyOn the 13th of May, Jane Hanson's tenure as Independent Non-Executive Director ended after 9.4 years in the role. As of March 2021, Jane personally held 11.08k shares (€41k worth at the time). A total of 3 executives have left over the last 12 months.
Executive Departure • May 21CFO & Executive Director has left the companyOn the 13th of May, Timothy Harris' tenure as CFO & Executive Director ended after 1.6 years in the role. As of March 2021, Timothy personally held only 5.79k shares (€21k worth at the time). A total of 3 executives have left over the last 12 months.
Recent Insider Transactions • Apr 03Chief Operating Officer recently sold €58k worth of stockOn the 29th of March, Steven Maddock sold around 16k shares on-market at roughly €3.69 per share. This was the largest sale by an insider in the last 3 months. Steven has been a seller over the last 12 months, reducing personal holdings by €602k.
Upcoming Dividend • Apr 01Upcoming dividend of UK£0.15 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 20 May 2021. Trailing yield: 7.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.1%).
Reported Earnings • Mar 26Full year 2020 earnings released: EPS UK£0.26 (vs UK£0.29 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£3.23b (down 2.3% from FY 2019). Net income: UK£350.6m (down 13% from FY 2019). Profit margin: 11% (down from 12% in FY 2019). Combined ratio: 91.0% (down from 92.2% in FY 2019).
Reported Earnings • Mar 10Full year 2020 earnings released: EPS UK£0.26 (vs UK£0.29 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: UK£3.21b (down 2.7% from FY 2019). Net income: UK£367.2m (down 9.0% from FY 2019). Profit margin: 11% (in line with FY 2019). Combined ratio: 91.0% (down from 92.2% in FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 10Revenue misses expectationsRevenue missed analyst estimates by 0.5%. Over the next year, revenue is expected to shrink by 5.5% compared to a 12% growth forecast for the Insurance industry in Germany.
Is New 90 Day High Low • Mar 04New 90-day high: €3.80The company is up 13% from its price of €3.35 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.21 per share.
공고 • Jan 12+ 2 more updatesDirect Line Insurance Group plc to Report Fiscal Year 2020 Results on Mar 02, 2021Direct Line Insurance Group plc announced that they will report fiscal year 2020 results on Mar 02, 2021
Is New 90 Day High Low • Jan 04New 90-day high: €3.49The company is up 15% from its price of €3.02 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.71 per share.
공고 • Dec 23Direct Line Insurance Group plc Announces Board ChangesThe Board of Direct Line Insurance Group plc ('DLG') announced that it has agreed the following changes to its composition and to the membership of its Remuneration, Investment and Corporate Responsibility Committees. Adrian Joseph OBE will join the Board and become a member of the Corporate Responsibility Committee with effect from 1 January 2021. Adrian is Managing Director, Group AI and Data Solutions at BT. Before joining BT, he was a senior partner at EY, Head of the UK Data and Analytics practice for Financial Services and a member of the European Innovation Board. He joined EY after ten years at Google, where his last role was Director, Analytics and Measurement Services, EMEA. Before joining Google, Adrian had some 15 years of experience in the automotive industry and in management consultancy. Jane Hanson, independent Non-Executive Director and Chair of the Board Risk Committee, who was appointed to the Board in December 2011, will be stepping down from the Board at the conclusion of the Annual General Meeting in May 2021 after having served as a Non-Executive Director for over nine years. Richard Ward, Senior Independent Director, will become a member of the Remuneration Committee with effect from 1 January 2021. Fiona McBain, independent Non-Executive Director, will become a member of the Investment Committee, also with effect from 1 January 2021.
공고 • Dec 19Direct Line Insurance Group plc, Annual General Meeting, May 13, 2021Direct Line Insurance Group plc, Annual General Meeting, May 13, 2021.
Is New 90 Day High Low • Oct 29New 90-day low: €2.90The company is down 11% from its price of €3.25 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.85 per share.
공고 • Oct 27Direct Line Insurance Group plc Announces Appointments to Board CommitteesThe Board of Direct Line Insurance Group plc announced that it has resolved to make the following appointments with immediate effect: Danuta Gray, Chair of the Board, is appointed as Chair of the Nomination & Governance Committee; Mark Gregory, independent Non-Executive Director, is appointed as interim Chair of the Remuneration Committee; and Sebastian James, independent Non-Executive Director, is appointed as a member of the Nomination & Governance Committee.
Is New 90 Day High Low • Sep 30New 90-day low: €2.94The company is down 3.0% from its price of €3.02 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.20 per share.
공고 • Jul 17Direct Line Insurance Group plc (LSE:DLG) agreed to acquire Brolly UK Technology Limited.Direct Line Insurance Group plc (LSE:DLG) agreed to acquire Brolly UK Technology Limited on July 16, 2020. As part of the transaction, Phoebe Hugh and team of Brolly UK Technology Limited will join Direct Line Insurance Group plc. The transaction is conditional and expected to complete in third quarter of 2020.