All the updated news related to penny james

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City

Direct Line to increase insurance premiums after profits halve

Direct Line has seen profits almost halve and warned that insurance premiums will be increased to match the soaring cost of claims. The insurer said supply chain disruption and unusually high used car prices have pushed up claims costs for ...

02 Aug 2022 at 16:12

City

Aviva and Direct Line agree £3.7bn insurance tie-up

Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November. The companies had been locked in talks ...

23 Dec 2024 at 08:13

City

Direct Line shares surge after insurer rejects £3.3bn Aviva takeover tilt

Insurer Direct Line has seen shares soar after being thrust into the takeover spotlight once again following a £3.3 billion approach from rival Aviva. The firm saw its stock surge more than 39% in morning trading on Thursday following ...

28 Nov 2024 at 09:09

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