RBS must sell a majority stake in Direct Line Group by the end of next year, and divest of the entire company by the end of 2014. Direct Line Group, which has 4.2 million personal motor policies and 4.3 million home insurer policies in force, should be worth around £3 billion, according to analysts. The announcement comes just over a week after Direct Line Group announced proposals to axe nearly 900 roles and close a site in the North East.