(Bloomberg) -- Direct Line Insurance Group Plc shares surged as ... In addition to car insurance, it also offers home, travel, pet and life insurance as well as offering cover for businesses.

It will concentrate investment into its main insurance lines – motor, home and Direct Line for Business commercial line – and gradually wind down its smaller pet and travel offerings.

and exit or stop investing in other areas such as pet and travel insurance. Direct Line is striving to rebuild its valuation after shaking off a takeover attempt by Belgian rival Ageas earlier ...

Direct Line said on Friday it had agreed a provisional ... combined group would have a market share in motor, home and travel insurance of around 20pc – ahead of Admiral with between 10pc ...

Direct Line Insurance Group plc, formerly RBS Insurance Group Limited, is a retail general insurer with operations in the United Kingdom, Italy and Germany. The Company operates in five segments ...