Share Name Share Symbol Market Type Share ISIN Share Description
Direct Line Insurance Group Plc LSE:DLG London Ordinary Share GB00BY9D0Y18 ORD 10 10/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.17% 287.70p 288.00p 288.30p 291.00p 288.00p 288.20p 3,328,141 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 3,436.1 582.6 33.5 8.6 3,956

Direct Line Insurance Share Discussion Threads

Showing 2426 to 2450 of 2450 messages
Chat Pages: 98  97  96  95  94  93  92  91  90  89  88  87  Older
DateSubjectAuthorDiscuss
22/8/2019
21:07
City analysts and investors have a pretty poor understanding of how insurance businesses work. The share price rises whenever average motor insurance price rises is a perfect example of this. It doesn't take a genius to see premium prices could rise 5% but if claim costs rise 10% the bottom line profitability is gonna be hit. The real number to look for is the COR or Combined Operating Ratio, which is the ratio of all the costs (claims, expenses, commission etc) against gross written premiums. On that measure DLG compares pretty favourably with the cohort, having never exceeded 100% in the recent past. What's more, the latest H1 2019 results showed that the company is accumulating capital to prepare for Brexit, and is now at the very top end of what the regulators recommend for the Solvency Capital Requirement. In essence the company has a massive cash pile, is still growing its own brand policies, and have some very well established brands.
fllegend
22/8/2019
17:35
Underwriting should be able to mitigate that at annual renewal. However, yes it looks to be yields weighing on the sector.
essentialinvestor
22/8/2019
17:16
Good point riverman. But the bond prices should be rising and hence they could make capital gains on their historical holdings. Future income might be the issue.
joan of arc
22/8/2019
16:03
On annual renewal polices like car insurance it really should not make much of a difference. What is happening looks mainly sentiment driven. Their sector is viciously competitive atm, however no real change in that.
essentialinvestor
22/8/2019
15:14
Yes you're right, falling interest rates/yields is the main factor behind the sell off. Insurers rely on bond markets to generate investment returns.
riverman77
22/8/2019
15:08
I also use direct line as it us cheaper than anything I could find on the comparison sites. As I say, I think this is a big competitive advantage as the comparison sites takes a huge commission. As far as I am aware, only DLG and Aviva have the brand recognition to sell direct.
riverman77
22/8/2019
15:08
This is negative yield related imv, investment returns being compressed.
essentialinvestor
22/8/2019
15:01
looking to add.....however downward trend persists....will wait a while
dmf
22/8/2019
14:56
Just had my car insurance renewal from DLG, with no change in circs over the year, other than getting older, and the premium has increased to just over 25%. I checked other comparison sites and the only one that could better it was Quote Me Happy by a couple of pounds, so I shall stick with them for another year.
jontyone
22/8/2019
09:44
I hold LGEN and PHNX. Starting to look at DLG too given recent fall, although generally less keen on car insurers. It's hard to think of an industry with less pricing power - it's very competitive sector and most people will just go for the cheapest deal. That said, DLG doesn't rely on comparison sites which I think is an important competitive advantage.
riverman77
22/8/2019
09:14
W,Added to my AV,DLG,LGEN,& PHNX holdings today.Also GVC doing nicely.
garycook
22/8/2019
09:05
Hitting new lows today as I write this which is very disappointing, I suppose these are the vagaries of investing. DLG is, by some distance, my largest holding so these falls are really hurting this year's performance and looking like wiping out this year's overall gains. However, I had a look at the 3-month charts for these, LGEN, AV. and ADM. All very similar except ADM got a bounce on its recent results and AV. appears to be bucking the trend today with interest in its Asia business. The Gov announced their decision on the personal injury discount rate in July which disappointed the industry and this appears to have been the trigger for the recent sell off in insurance stocks. Brexit and trade tensions not helping either but, I would suspect companies such as DLG would be quite resilient in an economic downturn. Overall, I continue to hold and reinvest dividends, if I had spare cash I'd be ploughing some into AV. and LGEN too, both quality companies IMO, no advice intended. wllm
wllmherk
14/8/2019
03:11
W,Totally agree.
garycook
13/8/2019
19:04
Grabbed a few more today, now my biggest holding. Seems a very low price for a quality company unless I'm missing something? wllm
wllmherk
08/8/2019
16:34
Ex 7.2p div today. Below 300p does seem a good time to buy.
2wild
08/8/2019
16:27
I certainly agree with recent posters sentiments and have doubled my holding today significantly reducing my average which sat at 368p but, after today's purchase 332p. Happy with that and will hold these for the foreseeable with that rather chunky dividend, not to mention the Specials along the way. wllm
wllmherk
08/8/2019
11:20
This is seriously under priced now
peteret
31/7/2019
10:51
Would agree this is underpriced at the moment. The underlying results are very good, a minor drop in own brand policy numbers in home and motor exacerbated by some partnership exits. However the capital position is very strong at the moment, with a 180% Solvency Capital number. Means the company should be well buffered against any volatility in the financial markets, and there should not be much to fear with regards to plans for future dividend payments.
fllegend
31/7/2019
10:21
Drop a little overdone in my view, traders will start buying in for the divi, all in my imagination perhaps.I will stay put.
wolansm
26/7/2019
10:16
Just the normal churn while traders make some money. If I hadn't got so many of these already, I'd be buying more right about now.
woodhawk
26/7/2019
08:06
Why is this dropping so much.Are the results going to be bad next week.Thought the dicount rate wasn't as expected it is still better than -75
peteret
17/7/2019
08:27
Apologies - got this wrong failed to appreciate just how liberal minded Gauke is
sufc555
05/7/2019
21:24
Two points - anything above 0% is a positive- second given the political instability there is no guarantee the change will come - so if it does and it’s above 0% the shares will rise. The govt have a clear conflict of interest as the current discount rate is costing the nhs 500m pa
sufc555
04/7/2019
22:40
Thank you for the links, much appreciated, but the latest one says that the Govt has said that the new discount rate will likely be between 0 and 1%, so this is surely already factored into the price of insurers ?
pete160
04/7/2019
18:25
Given that Boris will sack Gauke by 25th July - expect rate to change either next week or week after - change likely to be a Monday Every 0.5% change upwards adds about 50m to DLG profits (above 0%) the accounts currently use 0%
sufc555
Chat Pages: 98  97  96  95  94  93  92  91  90  89  88  87  Older
Your Recent History
LSE
DLG
Direct Lin..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190825 02:38:10