Shares Magazine
192.50p-1.40 (-0.72%)23 Apr 2024, 17:07
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Direct Line Insurance Group PLC Fundamentals
| Company Name | Direct Line Insurance Group PLC | Last Updated | 2024-04-23 |
|---|---|---|---|
| Industry | Insurance - Property & Casualty | Sector | Financial Services |
| Shares in Issue | 1.298 bn | Market Cap | £2.50 bn |
| PE Ratio | 12.35 | Dividend per Share | 0 |
| Dividend Yield | 2.06 | Dividend Cover | 0 |
| EPS | £0.16 | EPS Growth (%) | 0 |
| PEG | 0 | DPS Growth (%) | 0 |
| Debt Ratio | 0.0531 | Debt Equity Ratio | 0.1517 |
| Asset Equity Ratio | 3.5003 | Cash Equity Ratio | 0.7448 |
| Quick Ratio | 0 | Current Ratio | 0 |
| Price To Book Value | 1.0464 | ROCE | 0 |
Direct Line Insurance Group PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Prelim | 2024-04-04 | 2024-05-17 | GBP | 0.0400 | |
| Interim | 2022-08-11 | 2022-09-09 | GBP | 0.0760 | |
| Prelim | 2022-04-07 | 2022-05-17 | GBP | 0.1510 | |
| Interim | 2021-08-12 | 2021-09-03 | GBP | 0.0760 | |
| Prelim | 2021-04-08 | 2021-05-20 | GBP | 0.1470 |
Direct Line Insurance Group PLC Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | £187.70 m | £156.70 m | £189.90 m |
| Intangible Assets | £818.60 m | £822.20 m | £822.50 m |
| Investments | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 |
| Debtors | £118.00 m | £106.40 m | £42.80 m |
| Cash & Equivalents | £1.79 bn | £1.02 bn | £955.70 m |
| Other Assets | 0 | 0 | 0 |
| Total Assets | £8.42 bn | £7.42 bn | £8.38 bn |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | 0 | 0 | 0 |
| Creditors after 1 year | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | £6.01 bn | £5.23 bn | £5.59 bn |
| Net assets | £2.40 bn | £2.19 bn | £2.80 bn |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | £143.10 m | £143.10 m | £145.20 m |
| Share Premium | 0 | 0 | 0 |
| Profit / Loss | £277.40 m | -£301.80 m | £446.00 m |
| Other Equity | £2.40 bn | £2.19 bn | £2.80 bn |
| Preference & Minorities | 0 | 0 | 0 |
| Total Capital Employed | £2.40 bn | £2.19 bn | £2.80 bn |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | £0.13 | £0.13 | £0.18 |
| Debt-to-Equity | £0.15 | £0.16 | £0.21 |
| Assets / Equity | 3.5003 | 3.5003 | 3.5003 |
| Cash / Equity | 0.7448 | 0.7448 | 0.7448 |
| EPS | -£0.11 | -£0.18 | £0.29 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | £404.90 m | £800.20 m | £439.00 m |
| Cashflow before financing | £353.10 m | £142.70 m | -£133.00 m |
| Increase in Cash | £751.40 m | £41.90 m | -£271.70 m |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | £3.86 bn | £2.93 bn | £3.23 bn |
| Cost of sales | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | 0 |
| Pre-Tax profit | £277.40 m | -£301.80 m | £446.00 m |
Direct Line Insurance Group PLC Company Background
| Sector | Financial Services |
|---|---|
| Activities | While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions: personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines includes rescue, travel and pet insurance. Commercial insurance is sold to small businesses. Direct Line only sells insurance in the United Kingdom. Its personal motor insurance division typically accounts for around 60% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines accounts for around 10% and commercial insurance accounts for around 10%. |
| Latest Interim Date | 7 Sep 2023 |
| Latest Fiscal Year End Date | 21 Mar 2024 |
Direct Line Insurance Group PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2015-05-13 | Mr. Glyn Parry Jones | Non-Executive Director |
| 2024-03-28 | Ms. Danuta Gray | Non-Executive Director,Chairman |
| 2018-05-10 | Mr. Anthony Jonathan Reizenstein | Executive Director |
| 2018-05-10 | Mr. Andrew William Palmer | Non-Executive Director |
| 2019-05-09 | Mr. Paul Robert Geddes | Executive Director,Chief Executive Officer |
| 2024-04-08 | Mr. Neil Manser | Executive Director,Chief Financial Officer |
| 2016-03-01 | Ms. Priscilla Audrey Vacassin | Non-Executive Director |
| 2024-03-28 | Mr. Sebastian James | Non-Executive Director |
| 2022-03-28 | Ms. Jane Carolyn Hanson | Non-Executive Director |
| 2019-05-09 | Ms. Clare Eleanor Thompson | Non-Executive Director |
| 2015-03-24 | Mr. Humphrey Michael Tomlinson | Company Secretary |
| 2024-03-28 | Mr. Gregor Stewart | Non-Executive Director |
| 2023-01-27 | Ms. Penelope Jane James | Executive Director,Chief Executive Officer |
| 2019-06-28 | Mr. Mike Holliday-Williams | Executive Director |
| 2022-03-28 | Mr. Timothy Harris | Executive Director,Chief Financial Officer |
| 2024-03-21 | Mr. Jon Greenwood | Executive Director,Chief Executive Officer (Interim) |
| 2024-04-09 | Mr. Adam Winslow | Executive Director,Chief Executive Officer |
Direct Line Insurance Group PLC Contact Details
| Company Name | Direct Line Insurance Group PLC |
|---|---|
| Address | Westmoreland Road, Churchill Court, Bromley, BR11DP |
| Telephone | +44 1132920667 |
| Website | https://www.directlinegroup.co.uk |
Direct Line Insurance Group PLC Advisors
| Stockbroker | RBC Capital Markets |
|---|---|
| Phone | +44 2076534000 |
| Financial Adviser | RBC Capital Markets |
|---|---|
| Phone | 020 7653 4000 |
| Fax | 020 7029 7900 |
| Auditor | Deloitte LLP |
|---|---|
| Phone | +44 2079363000 |
| Fax | +44 2075831198 |
| Remuneration Consultant | FIT Remuneration Consultants LLP |
|---|---|
| Phone | +44 2070311111 |
| Remuneration Consultant | Allen & Overy |
|---|---|
| Phone | +44 2030880000 |
| Fax | +44 2030880088 |
| Auditor | Deloitte |
|---|---|
| Phone | 020 7936 3000 |
| Stockbroker | Goldman Sachs International |
|---|---|
| Phone | +44 2077741000 |
| Stockbroker | Morgan Stanley & Co International PLC |
|---|---|
| Phone | +44 2074258000 |
| Fax | +44 2074258990 |
| Bank | Royal Bank of Scotland PLC |
|---|
| Financial PR Adviser | Brunswick Group LLP |
|---|---|
| Phone | +44 2074045959 |
| Fax | +44 2078312823 |
| Solicitor | Slaughter and May |
|---|---|
| Phone | +44 2076001200 |
| Fax | +44 2070905000 |
| Solicitor | Allen & Overy LLP |
|---|---|
| Phone | +44 2030880000 |
| Fax | +44 207339999 |
| Registrar | Computershare Investor Services PLC |
|---|---|
| Phone | +44 3707020003 |
| Fax | +44 3707036101 |
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