Direct Line Group
Insurers losing customers due to poor websites, study finds
UK home and motor insurers could be losing potential customers by providing a poor online user experience, according to research from Global Reviews.
Direct Line to pay shareholders £500m dividend
Direct Line Insurance Group has declared an interim dividend with an aggregate amount of £500m.
Direct Line reports 25% jump in profit
Direct Line Group, the insurance arm of Royal Bank of Scotland, has reported an operating profit of £84m for the first three months of 2012.
RBS approached by private equity firm over Direct Line sale
Direct Line's parent company Royal Bank of Scotland (RBS) has received an informal expression of interest from a new private equity firm, according to the FT.
Direct Line could raise £500m ahead of flotation
Direct Line, the newly rebranded insurance arm of RBS, plans to raise £500m through selling debt, according to the Telegraph.
Ex-Aviva FD confirmed as Direct Line chairman
Royal Bank of Scotland has appointed Mike Biggs as chairman of Direct Line Group.
Ex-Aviva chief lined-up to chair Direct Line flotation
Mike Biggs, former finance director at Aviva and current chairman of life assurance consolidation group Resolution, has been offered the chairmanship role at Direct line, a series of newspapers have reported.
Direct Line subsidiary awarded 'A' credit rating
UK Insurance, the main operating insurance subsidiary of Direct Line Insurance Group (DLG), has been assigned an ‘A’ financial strength and counterparty credit rating by Standard & Poor’s (S&P).
RBSI reports jump in profit and improved COR
RBS Insurance has reported a combined operating ratio (COR) of 100% for the year ended December 2011, an improvement on its COR of 121% in 2010.
RSA appoints CFO from Aspen
RSA has appointed Richard Houghton to the role of group chief financial officer with effect from early June 2012.
Chubb rides in with seven new staff
Chubb Insurance has recruited seven new senior London-based employees to enhance its personal lines offering.
RBSI explains rebrand to Direct Line
RBS Insurance has confirmed recent press reports of its rebrand as Direct Line Group in preparation of its split from the banking arm of RBS.
New Direct Line logo revealed ahead of sale
RBSI has plumped for a new brand identity following its name change to Direct Line.
RBSI rebrands as Direct Line
Royal Bank of Scotland Insurance (RBSI) Group has rebranded as Direct Line Insurance Group and changed its status from a private company to a public one.
A&A Group in management buyout
Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.
RBSI firms fined £2.17m over complaints tampering
Direct Line and Churchill have been hit with a £2.17m fine by the Financial Services Authority (FSA).
Where now for Groupama et al?
So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…
Ageas finds new boss for Rias and Castle Cover
Ageas Retail has found an MD for its Rias and Castle Cover businesses following the resignation of Janet Connor earlier this year.
RBSI firms forced to change "unfair" policy terms by FSA
RBS Insurance has been forced to change the terms of its pet policy after the regulator found that it contained “unfair terms”.
Gary Lineker supports telematics insurance launch
Gary Lineker has given his backing to Ingenie, a motor insurance start-up offering young drivers cheaper premiums.
RBS offered £4bn for insurance division
Royal Bank of Scotland (RBS) has been offered £4bn for its insurance arm by private equity group CVC Capital Partners.
Chaucer bolsters UK motor business with key appointment
Chaucer Insurance has appointed Paul Baxter as head of direct as the insurer aims to build its UK motor business.
News analysis - HNW: four-in-one personal lines cover targets busy individuals
Direct Line has targeted the mid (MNW) to high-net-worth (HNW) personal lines market with the release of Direct Line Select Insurance.