Aviva’s Direct Line Group fined £10.6m for balance sheet reporting errors - The Prudential Regulation Authority said the firm’s main underwriter, UK Insurance Limited, miscalculated its balance sheet ...

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...

(RTTNews) - Direct Line Insurance Group plc (DLG.L) Friday announced that it has reached preliminary agreement on the financial terms to be acquired by general insurance company Aviva plc (AV, AV.L) ...

Direct Line has rejected a £3.3bn takeover offer from FTSE 100 insurer Aviva, the second suitor it has rejected so far this year. In a stock exchange announcement, Aviva confirmed that it had ...

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...

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 shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion) bid from ...

After Direct Line DLG announced the appointment of new CEO Adam Winslow a few days ago, it revealed on Sept. 1 that the Financial Conduct Authority is undertaking a review of its past business. This ...

Direct Line offers business insurance to suit a wide range of businesses and professions, from accountants to tradespeople, and from contractors to start ups. It’s responsible for over 500,000 ...

Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...

Shares in motor insurance giant Direct Line soared on Thursday after the firm announced the sale of its brokered commercial insurance business and revealed half-year trading numbers. At 176.2p per ...

Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...