{"id":2703,"date":"2018-10-03T01:31:08","date_gmt":"2018-10-03T01:31:08","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=2703"},"modified":"2018-09-14T07:46:12","modified_gmt":"2018-09-14T07:46:12","slug":"the-assets-of-direct-line-plc","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2703","title":{"rendered":"The Assets of Direct Line plc"},"content":{"rendered":"<p>Direct Line is a major UK insurer.<\/p>\n<p><a href=\"https:\/\/www.directlinegroup.com\/\" target=\"_blank\">https:\/\/www.directlinegroup.com\/<\/a><\/p>\n<p>It collects in insurance premiums, and pays out on claims. The insurance premiums are invested.<\/p>\n<p>What are these investments ?<\/p>\n<p><a href=\"https:\/\/www.directlinegroup.com\/~\/media\/Files\/D\/Direct-Line-Group-V2\/reports-and-presentations\/annual-report-and-accounts-2017.pdf\" target=\"_blank\">https:\/\/www.directlinegroup.com\/~\/media\/Files\/D\/Direct-Line-Group-V2\/reports-and-presentations\/annual-report-and-accounts-2017.pdf<\/a><\/p>\n<p>Investment-grade credit 3,893.1 million<br \/>\nHigh-yield 388.6 million<br \/>\nInvestment-grade private placements 103.6 million<br \/>\nSovereign 224.8 million<\/p>\n<p><strong>Total debt securities 4,610.1 million<\/strong><\/p>\n<p>Infrastructure debt 316.4 million<br \/>\nCommercial real estate loans 169.0 million<br \/>\nCash and cash equivalents3 1,304.5 million<br \/>\nInvestment property 309.3 million<\/p>\n<p>Total Group <strong>\u00a36,709.3 million<\/strong><\/p>\n<p>Note, no equity investments.<\/p>\n<p><a href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=2773867\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=2773867<\/a><\/p>\n<p>A yield of<strong> 6.1%<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Direct Line is a major UK insurer. https:\/\/www.directlinegroup.com\/ It collects in insurance premiums, and pays out on claims. The insurance premiums are invested. What are these investments ? https:\/\/www.directlinegroup.com\/~\/media\/Files\/D\/Direct-Line-Group-V2\/reports-and-presentations\/annual-report-and-accounts-2017.pdf Investment-grade credit 3,893.1 million High-yield 388.6 million Investment-grade private placements 103.6 million Sovereign 224.8 million Total debt securities 4,610.1 million Infrastructure debt 316.4 million Commercial real [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2703","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2703"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2703\/revisions"}],"predecessor-version":[{"id":2704,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2703\/revisions\/2704"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}