Insurers Admiral, Direct Line tumble on premium financing woes
(Sharecast News) - Insurers Admiral and Direct Line tumbled on Wednesday amid concerns of a potential clampdown on premium financing.
Read moreThu, 19th Mar 2020 13:47
(Sharecast News) - Insurers Admiral and Direct Line tumbled on Wednesday amid concerns of a potential clampdown on premium financing.
Read moreLONDON, Jan 10 (Reuters) - Shares in UK insurers fell on Thursday, with traders pointing to an article in the Insurance Post that quoted the Financial Conduct Authority’s Head of Insurance Matt Brewis as saying premium finance was a “poor product”.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Sharecast News) - Deutsche Bank has raised its ratings for insurance peers Direct Line Group, Legal & General and M&G from 'hold' to 'buy', after turning more positive on the sector heading into next year, but has cut its rating on Aviva.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.
Read more(Sharecast News) - Citi upgraded Admiral on Tuesday to 'buy' from 'sell' as it said its 'Deep Dive' report had suggested consensus is too conservative on the impacts of recent pricing on topline estimates and the implications of the Ogden discount rate changes in 2024.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.
Read more(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.
Read more(Sharecast News) - Insurance company Direct Line said on Tuesday that gross written premiums had grown in the three months ended 30 September, driven by premium rate increases and the commencement of its Motability partnership.
Read more(Alliance News) - Direct Line Insurance Group PLC on Tuesday reported significantly increased written premiums, and strong trading in its Motor division, during the latest quarter.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
Read more(Alliance News) - London's FTSE 100 is called to open in the red on Tuesday, following Asian equities lower, as the good feeling in equity markets after the softer US jobs data on Friday gives way to some caution.
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