Insurance group likely to be promoted from FTSE 250

Direct Line Group could be promoted to the FTSE 100 large-cap stock index next month, the Telegraph reports.

The newspaper said the insurance group, which was owned by the Royal Bank of Scotland before it was spun off and floated on the stock exchange in October 2012, was the “most likely candidate” for promotion in  the index’s quarterly reshuffle in September.

It is currently part of the FTSE 250 mid-cap index.

Entry into the FTSE 100 index is based on a company’s market capitalisation. Based on its current share price, the insurance group has a market cap of roughly £4.3bn.

When it first floated, it had a market cap of £2.6bn.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.