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DIISF - Direct Line: Profitability Fears Are Overdone For Now
October, 05 2020 08:52 AM
Direct Line Insurance Group PLC
U.K. insurers are suffering from worries about possible margin cuts if new rules make renewal pricing more consistent. The proposals may not happen and anyway I don't necessarily see them as negative in profit impact for insurers in practice. However, sentiment is souring. Direct Line directors continue to sell their shares, not buy. I am downgrading the name to Neutral. However, the yield remains attractive and for now is not under threat. For further details see:
Direct Line: Profitability Fears Are Overdone, For Now
Stock Information
Company Name:
Direct Line Insurance Group PLC
Stock Symbol:
DIISF
Market:
OTC
Website:
directlinegroup.co.uk
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