Direct Line Insurance Group plc, founded in 1985 and headquartered in London, UK, is a prominent insurance provider offering a range of general insurance products. Primarily serving the UK market, the company focuses on personal insurance solutions, including car, home, and travel insurance.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DLGLN 4.00% 2032-06-05 GBPDirect Line Insurance Group plc | United Kingdom | 2032-06-05 | 4.000 | 5.45 |
| DLGLN 4.75% Perpetual GBPDirect Line Insurance Group plc | United Kingdom | Perpetual | 4.750 | 7.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The firm began issuing bonds in 2014 as part of its capital management strategy, with a notable £500 million bond issuance in 2020 that underscored its financial stability during challenging market conditions. Current yields on Direct Line's bonds are competitive within the industry, reflecting a strong credit rating and investor confidence. In 2023, the company launched a green bond initiative aimed at funding environmentally sustainable projects, illustrating its commitment to responsible investment practices.