Direct Line Insurance Share Discussion Threads

[garycook] 27/2/2018 09:31

Woody,Joined you in purchasing more shares.At a 9.25% Dividend yield.Crazy market.

[thepopeofchillitown] 27/2/2018 08:52

The results were priced in weeks ago. A drop was to be expected.

[cwa1] 27/2/2018 08:41

26 Feb 18 Credit Suisse Outperform 394.65 445.00 445.00 Reiterates

[skinny] 27/2/2018 08:34

Shore Capital Sell 394.45 - - Reiterates

[woodhawk] 27/2/2018 08:32

What an absolutely ridiculous market. DJIA up bigtime, stunning results and massive divi imminent at 28.6p!! Shouldn't look a gift horse in the mouth - so filling my boots whilst the lunacy remains.

[sufc555] 27/2/2018 07:57

these are the standout results of the season according to Barclays - I was surprised as to how little the share price moved after the announcement on the 9th feb - how these are valued at 20% less than RSA is beyond me - bring on 8am! for me this is a culmination of 5 years work

[sufc555] 27/2/2018 07:25

truly shocking

[garycook] 27/2/2018 07:25

Yes, Got the full year Dividend correct at 20.4p,but a lovely 15p Special.This will take DLG over £4 today, and onto to 450p.

[billy5] 27/2/2018 07:24

Absolutely fantastic, what we have all been waiting for. Crack open the bubbly.

[woodhawk] 27/2/2018 07:16

Superb result. 13p final divi plus a 15p special!

[sufc555] 12/2/2018 17:18

The rumour in the legal provision is that the long awaited reform re so called whiplash claims are due to be released imminently with the introduction in April 2019. Whether a change to the discount rate is likely to happen at the same time is unknown

[sufc555] 10/2/2018 12:44

There will be a special divi- the question is how much

[dmf] 10/2/2018 12:22

Is a special dividend likely ?

[woodhawk] 10/2/2018 10:44

Do you have a link to that, sufc555?

[sufc555] 10/2/2018 07:24

Jp Morgan indicate dlg could pay a special divi of up to 14p. That could mean a total divi of about 27p in may

[sogoesit] 09/2/2018 18:21

Note this from today's Trading Statement:

"The Group expects to operate around the middle of its Solvency II capital ratio risk appetite range of 140% to 180% of the Group's SCR. The Board will consider any return of capital and will announce this with the Group's preliminary results on 27 February 2018."

The group expects SCR to be 185% to 190% for end year, before dividends.

[deadly] 09/2/2018 13:58

Nice TU today, looks strong and good value.

[sufc555] 09/2/2018 10:24

See below - released today - Easter recess is 29.3.18 - the bill may include discount rate change
Dear supporter,

The fight to preserve the legal rights of injured people is about to enter a new phase. There are rumours that the Ministry of Justice is preparing to publish the Civil Liability Bill, possibly before the Easter parliamentary recess.

Although a date is speculative, what is beyond doubt is that, if the government does publish the Bill, personal injury will move rapidly up the parliamentary agenda, and the issues at stake will come to the attention of MPs on all sides of the House.

The fact that it is a standalone Bill (covering personal injury only) is a good thing, as it means MPs will have more time to debate the specific issues at stake.

And, since our last letter to you, before Christmas, it is clearer than ever before that any rationale for the Bill has fallen away. The government’s arguments in support of these measures, flimsy at best, are now untenable.

Thanks to good work from Paul Drabble at True Solicitors, we have discovered that, according to the government’s own figures, the savings accruing from the reforms – if passed on by insurers- are between £16-18, a far cry from the original £50 when the reforms were first announced in November 2015. That is equivalent to just 35p a week on the cost of a motor policy.

Furthermore, the incidence of RTA claims continues to fall. The government portal notes a year-on-year reduction of 12%, while Medco instructions are down 16%.

The Institute of Actuaries confirms a fall in claims incidence, and Allianz announced 80 redundancies in its claims department.

In his response to this news, A2J spokesperson Andrew Twambley said: “Why is the government still trying to fix a problem that is already being fixed.”

The government has also cited fraud, and the need for the state to clamp down on the so-called compensation culture, to justify its proposals. A2J has long challenged the government’s reliance on ABI fraud data, pointing out that actual fraud adds little more than £4 to the cost of an average motor policy.

So we are looking forward to the publication of the Justice Select Committee report into whiplash. MPs on the committee recently challenged Justice Minister Lord Keen to provide impartial evidence on the extent of fraud. The minister was unable to.

We are thus hopeful that the Committee will call out the government on this important matter in its report, which may be published in the next few weeks.

If all three planks of the government’s arguments for reform are debunked, and the measures fail the ‘public interest’ test, ministers will come under increasing pressure to think again. In summary, there is still everything to play for.

Elsewhere, A2J has been working hard with representatives of vulnerable road users (VRUs), such as cyclists, pedestrians and motorcyclists, to urge ministers to remove them from the scope of the reforms.

Cyclists or pedestrians almost never get whiplash injuries if they are involved in an accident on the roads, yet the government seems determined to make sure their civil justice rights are curtailed too. A2J is part of a coalition of VRU representative bodies, and we held a useful meeting last month, where Ruth Cadbury MP, chair of the All Party Parliamentary Group (APPG) for Cycling, was a special guest. Ruth has promised to assist the group in our campaign to support VRUs.

A2J continues to appear regularly in the press. We urge all supporters to read Andrew Twambley’s feature in the latest edition of CILEx, which can be accessed here: hxxp://www.cilexjournal.org.uk/webviewer/#cilexjournalwinter201718/the_civil_liability_bill_and_personal_injury_reform_a_road_to_nowhere

Andrew goes behind the specifics of these reforms to investigate why lower investment returns for the insurers following the global financial crisis have driven a concerted effort by the ABI to put insurers’ profits before access to justice for the general public.

I look forward to updating you further once the Justice Committee report is published, when A2J will once again be actively campaigning on your behalf, and on behalf of your clients, to make sure our justice system remain open to all, as opposed to being a tool only for the rich and the powerful.

Yours sincerely,

Martin Coyne
Chairman Access to Justice



Martin Coyne
Managing Partner


t:

0161 615 0614

m:

0779 870 1336



Main Office

t:

0161 832 6131

f:

0161 615 0741

e:

[e-mail]
w:

www.rallisolicitors.co.uk


Ralli Ltd. Registered Office: Jackson House, Sibson Road, Sale, M33 7RR



Registered in England and Wales with number 4269656. Authorised and Regulated by the Solicitors Regulation Authority (SRA No 567463).
A list of directors is available for inspection at the registered office. Please note that all advice provided to you is provided by Ralli Ltd and not by the directors, employees or consultants of Ralli Ltd personally. Ralli Ltd was formerly known as Betesh Fox.

Confidentiality:
This e-mail and its attachments are solely for the use of the intended recipient(s). If they have come to you in error you must take no action based on them, nor must you copy or communicate them to anyone. Please notify us immediately and delete this communication.

Viruses:
Although we have taken steps to ensure that this e-mail and attachments are free from any virus, we advise that in keeping with good IT practice the recipient should ensure that they are actually virus free.

Security:
Please note that Internet e-mail communication by its nature is not a 100% secure communications medium.



Dear supporter,

The fight to preserve the legal rights of injured people is about to enter a new phase. There are rumours that the Ministry of Justice is preparing to publish the Civil Liability Bill, possibly before the Easter parliamentary recess.

Although a date is speculative, what is beyond doubt is that, if the government does publish the Bill, personal injury will move rapidly up the parliamentary agenda, and the issues at stake will come to the attention of MPs on all sides of the House.

The fact that it is a standalone Bill (covering personal injury only) is a good thing, as it means MPs will have more time to debate the specific issues at stake.

And, since our last letter to you, before Christmas, it is clearer than ever before that any rationale for the Bill has fallen away. The government’s arguments in support of these measures, flimsy at best, are now untenable.

Thanks to good work from Paul Drabble at True Solicitors, we have discovered that, according to the government’s own figures, the savings accruing from the reforms – if passed on by insurers- are between £16-18, a far cry from the original £50 when the reforms were first announced in November 2015. That is equivalent to just 35p a week on the cost of a motor policy.

Furthermore, the incidence of RTA claims continues to fall. The government portal notes a year-on-year reduction of 12%, while Medco instructions are down 16%.

The Institute of Actuaries confirms a fall in claims incidence, and Allianz announced 80 redundancies in its claims department.

In his response to this news, A2J spokesperson Andrew Twambley said: “Why is the government still trying to fix a problem that is already being fixed.”

The government has also cited fraud, and the need for the state to clamp down on the so-called compensation culture, to justify its proposals. A2J has long challenged the government’s reliance on ABI fraud data, pointing out that actual fraud adds little more than £4 to the cost of an average motor policy.

So we are looking forward to the publication of the Justice Select Committee report into whiplash. MPs on the committee recently challenged Justice Minister Lord Keen to provide impartial evidence on the extent of fraud. The minister was unable to.

We are thus hopeful that the Committee will call out the government on this important matter in its report, which may be published in the next few weeks.

If all three planks of the government’s arguments for reform are debunked, and the measures fail the ‘public interest’ test, ministers will come under increasing pressure to think again. In summary, there is still everything to play for.

Elsewhere, A2J has been working hard with representatives of vulnerable road users (VRUs), such as cyclists, pedestrians and motorcyclists, to urge ministers to remove them from the scope of the reforms.

Cyclists or pedestrians almost never get whiplash injuries if they are involved in an accident on the roads, yet the government seems determined to make sure their civil justice rights are curtailed too. A2J is part of a coalition of VRU representative bodies, and we held a useful meeting last month, where Ruth Cadbury MP, chair of the All Party Parliamentary Group (APPG) for Cycling, was a special guest. Ruth has promised to assist the group in our campaign to support VRUs.

A2J continues to appear regularly in the press. We urge all supporters to read Andrew Twambley’s feature in the latest edition of CILEx, which can be accessed here: hxxp://www.cilexjournal.org.uk/webviewer/#cilexjournalwinter201718/the_civil_liability_bill_and_personal_injury_reform_a_road_to_nowhere

Andrew goes behind the specifics of these reforms to investigate why lower investment returns for the insurers following the global financial crisis have driven a concerted effort by the ABI to put insurers’ profits before access to justice for the general public.

I look forward to updating you further once the Justice Committee report is published, when A2J will once again be actively campaigning on your behalf, and on behalf of your clients, to make sure our justice system remain open to all, as opposed to being a tool only for the rich and the powerful.

Yours sincerely,

Martin Coyne
Chairman Access to Justice



Martin Coyne
Managing Partner


t:

0161 615 0614

m:

0779 870 1336



Main Office

t:

0161 832 6131

f:

0161 615 0741

e:

[e-mail]
w:

www.rallisolicitors.co.uk


Ralli Ltd. Registered Office: Jackson House, Sibson Road, Sale, M33 7RR



Registered in England and Wales with number 4269656. Authorised and Regulated by the Solicitors Regulation Authority (SRA No 567463).
A list of directors is available for inspection at the registered office. Please note that all advice provided to you is provided by Ralli Ltd and not by the directors, employees or consultants of Ralli Ltd personally. Ralli Ltd was formerly known as Betesh Fox.

Confidentiality:
This e-mail and its attachments are solely for the use of the intended recipient(s). If they have come to you in error you must take no action based on them, nor must you copy or communicate them to anyone. Please notify us immediately and delete this communication.

Viruses:
Although we have taken steps to ensure that this e-mail and attachments are free from any virus, we advise that in keeping with good IT practice the recipient should ensure that they are actually virus free.

Security:
Please note that Internet e-mail communication by its nature is not a 100% secure communications medium.




This email has been scanned for email related threats and delivered safely by Mimecast.
For more information please visit hxxp://www.mimecast.com
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[cwa1] 07/2/2018 09:45

And Peel Hunt upgrade to 415p:-

07 Feb 18 Direct Line Insurance Group PLC Peel Hunt Add 365.30 360.00 415.00 Upgrades

[speedsgh] 07/2/2018 09:31

Barclays Capital issues a broker note on Direct Line Insurance Group PLC -

Barclays Capital today upgrades its investment rating on Direct Line Insurance Group PLC (LON:DLG) to overweight (from equal weight) and raised its price target to 413p (from 384p).

[pete123456] 30/1/2018 12:00

4 weeks of results.

[kcsham] 26/1/2018 13:01

More to come.

[kcsham] 26/1/2018 13:00

Can this go higher?

[joshgroeny] 19/1/2018 14:50

I looked it up myself! 5th April..