UPDATE 1-Direct Line halts share buyback, sees rise in travel claims due to coronavirus
UK’s biggest motor insurer Direct Line
halted its 250 million pounds ($288.53 million) share
buyback programme on Thursday and said it expected a jump in
travel insurance claims, while motor insurance claims could fall
temporarily due to the coronavirus outbreak.
halted its 250 million pounds ($288.53 million) share
buyback programme on Thursday and said it expected a jump in
travel insurance claims, while motor insurance claims could fall
temporarily due to the coronavirus outbreak.
Posted by Reuters
