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Unless you fancy yourself as an insurance expert, you can happily continue avoiding shares in Direct Line

By Chris Bailey | Tuesday 9 May 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The last time I wrote on Direct Line Insurance Group (DLG) about ten months ago, I called it a “comedy” and therefore the c.30% share price fall since then does not surprise me. With the shares now a few percent above the all-time low of last month, has the story started to change in the still just over £2 billion market cap name?

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