Aviva's acquisition of Direct Line for $4.6 billion will significantly boost its market position in the U.K. personal lines, especially motor insurance. The deal is expected to generate £125 million ...

When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...

Direct Line's GC will leave the company, just as its £3.7 billion acquisition by Aviva is cleared by the CMA. Direct Line’s general counsel is exiting the company, after its £3.7 billion acquisition ...

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: ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of the biggest names in British insurance are locked in a takeover tussle that has the potential to redraw ...

Revenue: UK£3.17b (down 1.4% from FY 2021). Net loss: UK£39.5m (down by 112% from UK£327.1m profit in FY 2021). UK£0.043 loss per share (down from UK£0.24 profit in FY 2021). Revenue was in line with ...

Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this morning, Direct Line ...

Direct Line Group has introduced three new Direct Line branded motor insurance products on price comparison website (PCW) Compare the Market. Covering a range of cover options from ‘essential’ to ...

Direct Line’s operating profit undershot expectations for the first half of 2024 as the firm shed more than a quarter of a million motor insurance customers following price hikes. Direct Line reported ...

NN Group: Court of Appeal Rules Against NN in Interim Judgment; Uncertainty Raised to High ...

Direct Line is to pay out around £30million in compensation to car and home insurance customers. Some existing customers were charged more for their renewal than what they would have done if they were ...