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Health insurance news: Direct Line Life

Direct Line Life is part of the Direct Line group, owned by Royal Bank of Scotland. Only deals direct with customers.

Direct Line Life : Company profile

Recent news

Government takes majority stake in RBS The Government is to own 57.9% of the Royal Bank of Scotland, after a tiny amount of the new ordinary shares made available to shareholders were taken up.
RBS insurance sale still on The sale of Direct Line, Churchill and NIG will go ahead despite the effective nationalisation of parent company RBS. The bank is in advanced discussions with two possible buyers about the sale of its insurance division, comprising some of the UK's best known insurance brands.
Government rescues RBS Royal Bank of Scotland chiefs have been forced out under a bailout deal as part of a shake-up, demanded by Government, for a state-assisted re-capitalisation of the bank. RBS owns bank assurance group NatWest, Direct Line and other insurers.
D-Day for bids as RBS sells insurance business Royal Bank of Scotland has seven suitors who are throwing their hats into the ring for its insurance business, potentially sparking a bidding war, as the group looks to offload the insurance arm by the end of the summer. Front-runners are believed to include Zurich Financial Services, the Italian insurer Assicurazioni Generali and China's Ping An Insurance. Other potential bidders are American...
RBS to auction insurers Market conditions have further deteriorated and the credit drought is likely to be much more prolonged than previously thought. It is now appropriate to batten down the hatches, strengthen the fortifications and prepare for a long siege. A plea from the Chancellor to banks for lower interest rates and leniency towards customers with mortgage problems, fell on deaf ears, despite the huge sums of...
RBS considers sale of Direct Line and Churchill Troubled bank Royal Bank of Scotland (RBS) needs to raise a lot of money. It has two main options, a deeply discounted rights issue, or selling its insurance arm at a discount. The jewel in the insurance arm is Direct Line and at least four major insurance groups have made enquiries.
As you were - Direct Line resumes Heathrow T5 Insurance coverage A mixture of bad press, consumer disapproval and reassurances from BA has led to Direct Line and all the other travel insurances it controls into a complete u- turn worthy of a political party. Less than a week after announcing it would not cover new policies, and suggesting that it would not pay on existing ones, it is reversing its earlier decision to stop covering travellers who continue to...
Direct Line and Nat West Life for sale The Royal Bank of Scotland is seeking buyers for its insurance brands that include Direct Line, Churchill, Green Flag, NIG and Nat West Life. Some of the investment banking industry's biggest players are trying to find a suitor for the insurance division, which is expected to fetch £8billion, with feasible buyers including AIG, Axa, Zurich and Allianz. RBS, which says it has "no plans...