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S.K Macharia Shuts Down Directline Assurance, Fires All EmployeesDirectline Assurance, which commands the lion’s share of the motor commercial Public Service Vehicle (PSV) insurance market in Kenya, has abruptly ceased operations. This follows an announcement ...
Direct Line's shares, which rose as much as 1.2% in early trading, had reversed course to trade down 0.3% by 1200 GMT. The insurer is working to launch its eponymous motor insurance brand on price ...
"The weakness of Direct Line's motor insurance arm remains a concern although, again, the firm is taking steps to bolster its performance," analyst at trading and investment platform eToro Mark ...
Commercial insurance is another area where it has grown profits well as well as the top line. There is also discussion in the FT that the offer undervalues the prospects of Direct Line ...
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