Direct Line Insurance Share Discussion Threads

[sammydeals] 26/6/2013 11:25

2000 jobs to gohttp://www.dailypost.co.uk/news/uk-world-news/direct-line-shed-2000-jobs-4712592

[gorse] 26/6/2013 08:59

Nice, nice.

[cheekycharlie] 11/6/2013 16:58

There will be consolidation in the insurance sector at some point, not sure that it will happen this year though

[eaaxs06] 11/6/2013 16:45

Will it make it....... or won't it?

[hellopeople] 02/6/2013 20:28

Some 1 will take out DLG

[indiestu] 31/5/2013 17:53

I'd like to know the reason for today's volume. Never seen this before with DLG.

[eaaxs06] 31/5/2013 14:52

On these volumes, HelloPeople? You have to be kidding.

I'd love to know why you think a bid could be in the pipeline?

[hellopeople] 31/5/2013 11:56

SCOOBY FxxKING DOO Is a bid coming???? how much will they bid for?

[hellopeople] 31/5/2013 10:19

Or a cheeky BID.

[indiestu] 30/5/2013 21:36

Funds will start buying soon for the run into the FTSE 100

[hellopeople] 28/5/2013 08:09

Chart looking to go higher.

[r ball] 27/5/2013 17:27

Ban on referral fees: lower claims = more profit

[hellopeople] 20/5/2013 20:58

Looking to BREAK-OUT!!!!

[hellopeople] 19/5/2013 14:01

Could be in Line for a BID Dyor.

[0micron] 17/5/2013 12:47

I'm interested to know as well. Can't seem to attribute it to anything apart from tailwind from positive general market sentiment. Was getting a bit discouraged lately by the lack of movement in the share price.

[skinny] 17/5/2013 12:47

This will have helped :-

Bank of America Merrill Lynch Buy 212.85 220.00 235.00 Upgrades

[eaaxs06] 17/5/2013 12:29

What's ignited the interest in the shares today (and the past 3 days, actually)

Does anyone have any ideas?

[skinny] 03/5/2013 07:09

Financial highlights

· Operating profit from ongoing operations1 of £107.5 million for the first quarter 2013, up 32.9% (first quarter 2012: £80.9 million)

· Gross written premium for ongoing operations 4.5% lower reflecting competitive market conditions in UK personal lines, partially offset by growth in International

· Combined operating ratio2 for ongoing operations of 98.0% for the first quarter 2013, an improvement of 6.5 percentage points against the first quarter 2012 (104.5%) driven by continued prior year reserve releases and lower claims from weather events

· Annualised return on tangible equity3 from ongoing operations of 12.3% for the first quarter 2013 (first quarter 2012: 7.7%; pro forma4 full year 2012: 13.4%)

[indiestu] 26/4/2013 19:25

With a bit of luck we'll have a little direction after today's RNS. We've been dithering around for a while now and fully deserve the share price to get back up to at least the 230 mark. Question is what'll be the catalyst for the rise?

[birdsedgeuk] 19/4/2013 19:22

Got to hand it to www.traderdiary.co.ukDone well this wk.Up on WMH, MONY, TLW.

[leedskier] 12/3/2013 17:23

RNS Number : 8499Z

Royal Bank of Scotland Group PLC

12 March 2013

Not for publication or distribution directly or indirectly, in whole or in part, in or into the United States, Australia, Canada, Japan or Republic of South Africa or in any other jurisdiction in which offers or sales would be prohibited by applicable law.

This announcement is not an offer to sell or a solicitation to buy securities in any jurisdiction, including the United States, Australia, Canada, Japan or Republic of South Africa. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction

Intention to Sell Part of Direct Line Insurance Group Plc Holding

The Royal Bank of Scotland Group plc ("RBS") announces that it intends to sell part of its shareholding in Direct Line Insurance Group plc ("Direct Line Group"). The disposal will be through a placing of shares in Direct Line Group ("Placing Shares") to institutional investors (the "Offering").

The Offering is expected to comprise 229.4 million Direct Line Group ordinary shares excluding an over allotment option (the "Base Offering"), equivalent to 15.3% of Direct Line Group's ordinary share capital. A further 22.9 million shares will be made available by RBS under an over allotment option (the "Over-allotment Option"). The offer price will be determined by means of an accelerated bookbuild offering process which is to start immediately.

A further announcement will be made following completion of the bookbuild and pricing of the Offering.

If all the Direct Line Group ordinary shares available in the Base Offering are sold, assuming no exercise of the Over-allotment Option, RBS's remaining stake would comprise 749.9 million shares, equivalent to 49.99% of Direct Line Group's issued ordinary share capital. If the Over-allotment Option is exercised in full, RBS's remaining stake would comprise 726.9 million shares, equivalent to 48.5% of Direct Line Group's issued ordinary share capital.

RBS has entered into a placing agreement with Goldman Sachs International, Morgan Stanley Securities Limited and UBS to act as joint bookrunners and placing agents in relation to the Offering. RBS has undertaken not to dispose of any further Direct Line Group shares without the consent of the joint bookrunners and placing agents for a period of 180 days following completion, subject to certain limited exceptions.

- END -

[zcaprd7] 11/3/2013 22:10

It was the negative press that caught my attention... Hoping for more so called experts to Diss esure!