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Direct Line Insurance
(LSE:DLG)
Direct Line Insurance (DLG) vs. S&P 500 (SPY)
Direct Line Insurance Business Overview & Revenue Model
Direct Line Insurance Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 4.61B | 3.93B | 3.15B | 3.23B | 3.20B | 3.28B | Gross Profit |
| 8.23B | 3.93B | 3.15B | 3.23B | 3.20B | 3.28B | EBIT |
| 1.65B | 200.00K | -24.20M | 411.80M | 413.70M | 465.20M | EBITDA |
| 2.33B | 415.40M | 6.16B | 506.30M | 564.90M | 617.30M | Net Income Common Stockholders |
| 444.15M | 222.90M | -39.50M | 343.70M | 367.20M | 419.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.30B | 1.79B | 4.15B | 5.04B | 5.32B | 5.03B | Total Assets |
| 9.39B | 8.42B | 8.35B | 9.31B | 9.62B | 9.43B | Total Debt |
| 321.50M | 447.30M | 405.40M | 657.00M | 720.90M | 475.70M | Net Debt |
| -832.90M | -1.32B | -598.20M | -298.70M | -499.20M | -472.90M | Total Liabilities |
| 6.47B | 6.01B | 6.07B | 6.41B | 6.58B | 6.44B | Stockholders Equity |
| 2.92B | 2.40B | 2.28B | 2.90B | 3.05B | 2.99B |
| Cash Flow | Free Cash Flow | ||||
| -685.10M | 261.90M | 680.10M | 300.30M | 423.90M | 274.50M | Operating Cash Flow |
| -617.15M | 404.90M | 800.20M | 439.00M | 584.70M | 462.10M | Investing Cash Flow |
| 627.45M | 398.30M | -100.80M | -138.70M | -161.00M | -187.60M | Financing Cash Flow |
| -103.85M | -51.80M | -657.50M | -572.00M | -151.80M | -470.60M |
Direct Line Insurance Technical Analysis
Direct Line Insurance Risk Analysis
Direct Line Insurance Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | £14.77B | 23.55 | 5.48% | 6.10% | -1.13% | -38.11% | |
68 Neutral | £3.70B | 25.38 | 5.97% | 2.10% | 26.11% | -29.43% | |
63 Neutral | $14.20B | 10.11 | 9.01% | 4.34% | 16.34% | -11.27% | |
63 Neutral | £5.70B | ― | -60.34% | 9.33% | -6.33% | ― | |
56 Neutral | £14.18B | 84.39 | 4.06% | 8.46% | -21.56% | -61.14% | |
48 Neutral | £180.91M | ― | -72.14% | ― | 15.70% | -119.71% |
Direct Line Insurance Corporate Events
Direct Line Insurance Group PLC announced a transaction involving its Chief Financial Officer, Jane Poole, who acquired and subsequently sold shares to cover costs associated with their vesting. This transaction, conducted partly off-market and partly on the London Stock Exchange, reflects typical executive compensation practices and may impact the company’s stock liquidity and market perception.
Direct Line Insurance Group PLC announced the vesting and transaction of shares by CEO Adam Winslow, as part of a compensation package to replace awards forfeited at his previous employer. This transaction involved the acquisition of vested shares and their subsequent sale to cover associated costs, highlighting the company’s adherence to regulatory requirements and its commitment to transparent managerial disclosures.
Direct Line Insurance Group PLC has announced the purchase of shares by its key executives under the Buy As You Earn Plan. This transaction, conducted on the London Stock Exchange, involves the allocation of one matching share for every two purchased, reflecting a strategic move to align management interests with shareholder value. The transaction is expected to enhance the company’s market positioning by demonstrating confidence in its financial performance.
Direct Line Insurance Group PLC announced a transaction involving its CEO, Adam Winslow, who acquired and sold shares as part of a vesting process. The transaction was conducted to replace awards forfeited at his previous employer, and the sale of shares was made to cover associated costs. This announcement highlights the company’s adherence to regulatory requirements and its commitment to transparency in executive transactions.
Direct Line Insurance Group PLC has announced share awards to two key executives, Jane Poole and Maz Bown, following their appointments as Chief Financial Officer and Chief Risk Officer, respectively. These awards are compensatory measures for remuneration arrangements forfeited upon leaving their previous employers and are consistent with the company’s Directors’ Remuneration Policy. The awards will vest in three tranches and accrue dividend equivalent shares until vesting, reflecting the company’s commitment to aligning executive compensation with shareholder interests.
UBS Group AG’s trading book holdings in Direct Line Insurance Group PLC have fallen below the 5% threshold, making them exempt from further reporting obligations. This change in UBS’s holdings could impact Direct Line’s shareholder structure and market perception, as significant shifts in major holdings often influence investor confidence and market dynamics.
Direct Line Insurance Group PLC announced a transaction involving Martin Milliner, the Managing Director of Claims, who executed a series of share transactions. These transactions included the vesting and acquisition of shares granted under the DLG Restricted Shares Plan, followed by the sale of shares to cover associated costs and further sales on the London Stock Exchange. This disclosure is in compliance with the EU Market Abuse Regulation, highlighting the company’s adherence to regulatory requirements and transparency in managerial transactions.
Direct Line Insurance Group PLC has announced the availability of key documents for its 2025 Annual General Meeting, including the Notice of AGM and Form of Proxy, following the release of its 2024 Annual Report. The AGM is scheduled for 14 May 2025 at the company’s London office, and these documents are accessible to shareholders via the company’s website and the National Storage Mechanism, ensuring compliance with UK listing regulations.
UBS Group AG, through its investment bank and global wealth management division, has acquired a significant voting stake in Direct Line Insurance Group PLC, crossing the 5% threshold. This acquisition, notified on March 17, 2025, indicates a potential strategic interest in the company, which could influence Direct Line’s market positioning and shareholder dynamics.
Direct Line Insurance Group PLC has announced a change in its voting rights following an acquisition or disposal by Societe Generale. The transaction, which occurred on March 12, 2025, resulted in Societe Generale holding 6.009% of the voting rights, an increase from the previous 5.8575%. This adjustment in voting rights could influence the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder interests.
Direct Line Insurance Group PLC has published its 2024 Annual Report and Accounts, detailing the company’s financial performance for the year ending December 31, 2024. This publication is a significant step in maintaining transparency with shareholders and stakeholders, as it provides insights into the company’s operations and strategic direction.
Direct Line Insurance Group PLC has announced that its shareholders have approved a recommended cash and share offer by Aviva PLC for the acquisition of the entire issued share capital of Direct Line. The acquisition will be implemented through a court-sanctioned scheme of arrangement, with the necessary shareholder resolutions passed at recent meetings. This acquisition is expected to impact Direct Line’s market positioning and operations, as it will lead to the delisting of Direct Line shares from the London Stock Exchange upon completion.
Direct Line Insurance Group PLC announced the appointment of Angela Yotov as General Counsel, effective from February 1, 2025. To compensate for remuneration arrangements forfeited from her previous employer, Angela Yotov has been awarded nil cost options under the company’s Restricted Share Plan, which will vest in three tranches. This move is part of the company’s strategic management changes and is expected to enhance its leadership team.
Direct Line Insurance Group PLC reported a significant turnaround in its 2024 financial results, showcasing a 25.3% increase in gross written premiums and a 12.3-point improvement in net insurance margin. The company launched new motor insurance products, improved pricing and underwriting capabilities, and achieved £395 million in ongoing operating profit. The strategic focus on cost savings and operational efficiency led to a £50 million reduction in run-rate costs, with expectations of further savings in 2025. The company also announced an acquisition agreement with Aviva, valuing Direct Line at approximately £3.7 billion, subject to regulatory approvals.
Direct Line Insurance Group PLC announced the purchase and allocation of shares for its senior management under the Buy As You Earn Plan. This non-discretionary transaction involved the acquisition of Partnership and Matching Shares by key executives, reflecting the company’s commitment to aligning management interests with shareholder value. The transactions were conducted on the London Stock Exchange, with specific volumes and prices detailed for each executive involved.
Direct Line Insurance Group PLC has disclosed dealings related to its securities as part of a public dealing disclosure under the Takeover Code. The disclosure reveals that Adam Winslow, acting in concert with Direct Line, holds interests in 517,277 ordinary shares, representing 0.039% of the company’s relevant securities. Additionally, there are outstanding awards over ordinary shares under the company’s Long Term Incentive Plan and buyout awards to compensate for forfeited awards from a previous employer. This disclosure is part of regulatory requirements and reflects the company’s transparency in its dealings, potentially impacting investor confidence and market perceptions.
Direct Line Insurance Group PLC has disclosed a public dealing in accordance with the Takeover Code. The disclosure involves a person acting in concert with the offeree, Direct Line, and details the interests and short positions in relevant securities. The announcement highlights the acquisition of shares under the Share Incentive Plan, which may impact the company’s stock positions and stakeholder interests.
Norges Bank has reduced its voting rights in Direct Line Insurance Group PLC from 3.982910% to 2.329640% as of February 24, 2025. This change in holdings may impact the company’s shareholder dynamics and influence its strategic decisions, reflecting a shift in investment strategy by a significant institutional investor.
Direct Line Insurance Group PLC has announced a change in its voting rights structure following an acquisition or disposal by Societe Generale. The notification reveals that Societe Generale’s voting rights in Direct Line have decreased from 6.0852% to 5.8575%, indicating a slight reduction in their stake. This change may influence the company’s shareholder dynamics and could have implications for future corporate governance decisions.
Direct Line Insurance Group PLC has reported a change in the holdings of Societe Generale, which has increased its voting rights stake to 6.0852%, up from the previous 5.6765%. This adjustment in shareholding reflects a strategic move in the company’s ownership structure, potentially impacting stakeholder dynamics and market perception.
Direct Line Insurance Group PLC announced a change in voting rights as Societe Generale has adjusted its holdings in the company. The notification reveals that Societe Generale now holds 5.6765% of voting rights, a slight decrease from the previous 6.050%. This adjustment in holdings could impact Direct Line’s shareholder dynamics and influence future company decisions.
Direct Line Insurance Group PLC announced a change in major holdings as Societe Generale increased its voting rights to 6.05%. This shift reflects an acquisition or disposal of voting rights, which could impact the company’s governance and stakeholder dynamics with a potential influence on its strategic decisions.
Direct Line Insurance Group PLC announced a change in the voting rights held by Norges Bank, following the crossing of a threshold on February 7, 2025. Norges Bank now holds 3.982910% of the voting rights in Direct Line, down from a previous position of 4.171380%, indicating a slight reduction in their shareholding.
Societe Generale has recently adjusted its voting rights in Direct Line Insurance Group PLC, crossing a threshold that necessitated a formal notification. As of February 5, 2025, Societe Generale’s total voting rights in the company amount to 5.7114%, a slight decrease from its previous position. This adjustment in voting rights could influence the company’s strategic decisions and stakeholder dynamics.
Societe Generale has increased its voting rights in Direct Line Insurance Group PLC from 5.0994% to 6.0171%, crossing a significant threshold. This acquisition of voting rights could potentially influence the company’s strategic decisions and impact its market positioning, reflecting an increased interest in Direct Line’s operations by a major financial institution.
Direct Line Insurance Group PLC has announced transactions involving its senior management under the Buy As You Earn Plan, which involves the purchase and allocation of shares. This non-discretionary transaction highlights the company’s ongoing efforts to align management interests with shareholder value through share-based incentives, potentially impacting its market position and stakeholder trust.
Direct Line Insurance Group PLC has reported a change in major holdings, with Societe Generale crossing a voting rights threshold on January 14, 2025. This adjustment in holdings suggests a shift in influence within the company, potentially impacting its strategic decisions and indicating an active interest from financial institutions in its governance.