UK watchdog clears £3.7 billion Aviva-Direct Line deal The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer. Business • 01 Jul
UK watchdog clears £3.7 billion Aviva-Direct Line deal The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer. Business • 01 Jul
Aviva to complete takeover of Direct Line in July Insurer Aviva has said its £3.7 billion takeover of rival Direct Line is set to complete next month after "constructive" talks with the competition watchdog. Business • 17 Jun
Aviva to complete takeover of Direct Line in July Insurer Aviva has said its £3.7 billion takeover of rival Direct Line is set to complete next month after "constructive" talks with the competition watchdog. Business • 17 Jun
Aviva reports 9% rise in Q1 general insurance premiums Insurer Aviva's general premiums rose by 9% in the first quarter, it reported today, saying its deal to buy the Probitas platform and new business had driven growth in personal and commercial lines in Britain. Business • 15 May
Aviva reports 9% rise in Q1 general insurance premiums Insurer Aviva's general premiums rose by 9% in the first quarter, it reported today, saying its deal to buy the Probitas platform and new business had driven growth in personal and commercial lines in Britain. Business • 15 May
Aviva's Direct Line deal faces UK competition probe Aviva's bid to become Britain's largest home and motor insurer via a £3.7 billion takeover of smaller rival Direct Line suffered a potential snag today, after Britain's antitrust watchdog said it would review the deal. Business • 14 May
Aviva's Direct Line deal faces UK competition probe Aviva's bid to become Britain's largest home and motor insurer via a £3.7 billion takeover of smaller rival Direct Line suffered a potential snag today, after Britain's antitrust watchdog said it would review the deal. Business • 14 May
Aviva Ireland's operating profit for 2024 stable at €73m Aviva Ireland has reported a general insurance operating profit of €73m for last year, up marginally on the €72m reported in 2023. Business • 27 Feb
Aviva Ireland's operating profit for 2024 stable at €73m Aviva Ireland has reported a general insurance operating profit of €73m for last year, up marginally on the €72m reported in 2023. Business • 27 Feb
UK insurer Aviva to buy Direct Line in £3.7 billion deal British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound cash-and-stock deal, the companies said today, creating the UK's largest home and motor insurer. Business • 23 Dec 24
UK insurer Aviva to buy Direct Line in £3.7 billion deal British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound cash-and-stock deal, the companies said today, creating the UK's largest home and motor insurer. Business • 23 Dec 24
Aviva set to buy Direct Line after sweetened bid British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will create the UK's largest home and motor insurer. Business • 06 Dec 24
Aviva set to buy Direct Line after sweetened bid British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will create the UK's largest home and motor insurer. Business • 06 Dec 24
Direct Line faces £30m bill for overcharging customers British insurer Direct Line has agreed to review overcharging of existing home and motor customers totalling about £30m for policy renewals, the Financial Conduct Authority (FCA) said today. Business • 01 Sep 23
Direct Line faces £30m bill for overcharging customers British insurer Direct Line has agreed to review overcharging of existing home and motor customers totalling about £30m for policy renewals, the Financial Conduct Authority (FCA) said today. Business • 01 Sep 23
Direct Line appoints new CEO after tough 2022 British motor and home insurer Direct Line Insurance Group has today named Adam Winslow, a senior executive at Aviva, as its CEO, seeking to reset after profits fell by 95% in 2022. Business • 30 Aug 23
Direct Line appoints new CEO after tough 2022 British motor and home insurer Direct Line Insurance Group has today named Adam Winslow, a senior executive at Aviva, as its CEO, seeking to reset after profits fell by 95% in 2022. Business • 30 Aug 23
UK motor insurer Direct Line 2022 profit down 95% British motor insurer Direct Line's operating profit dropped 95% in 2022 after inflation drove up the cost of motor repairs and it warned that 2023 would be impacted by higher than previously expected claims inflation. Business • 13 Mar 23
UK motor insurer Direct Line 2022 profit down 95% British motor insurer Direct Line's operating profit dropped 95% in 2022 after inflation drove up the cost of motor repairs and it warned that 2023 would be impacted by higher than previously expected claims inflation. Business • 13 Mar 23
UK personal injury lump sums to rise Shares in Britain's biggest motor insurers Admiral and Direct Line fell today after the UK government announced new rules that push up lump sum payments for personal injury claims. Business • 27 Feb 17
UK personal injury lump sums to rise Shares in Britain's biggest motor insurers Admiral and Direct Line fell today after the UK government announced new rules that push up lump sum payments for personal injury claims. Business • 27 Feb 17
Chesnara to buy Direct Line's closed life fund Chesnara said it would buy Direct Line Insurance Group's domestic closed life insurance business in the UK for about £39.3m sterling in cash. Business • 08 Oct 13
Chesnara to buy Direct Line's closed life fund Chesnara said it would buy Direct Line Insurance Group's domestic closed life insurance business in the UK for about £39.3m sterling in cash. Business • 08 Oct 13
RBS raises £630m from third Direct Line stake sale Royal Bank of Scotland has raised about £630m sterling from its third sale of a stake in Direct Line Insurance Group. Business • 20 Sep 13
RBS raises £630m from third Direct Line stake sale Royal Bank of Scotland has raised about £630m sterling from its third sale of a stake in Direct Line Insurance Group. Business • 20 Sep 13
RBS hits milestone with Direct Line listing Insurer Direct Line made a solid stock market debut today, marking a milestone in parent Royal Bank of Scotland's recovery efforts. Business • 11 Oct 12
RBS hits milestone with Direct Line listing Insurer Direct Line made a solid stock market debut today, marking a milestone in parent Royal Bank of Scotland's recovery efforts. Business • 11 Oct 12
Competition watchdog to probe UK car insurers UK regulators have today launched an investigation of the car insurance market, saying that competition was not working properly and pushing up costs for consumers. Business • 28 Sep 12
Competition watchdog to probe UK car insurers UK regulators have today launched an investigation of the car insurance market, saying that competition was not working properly and pushing up costs for consumers. Business • 28 Sep 12
RBS to sell off insurance arm Royal Bank of Scotland said it plans to spin off its Churchill and Direct Line insurance arm in a highly-anticipated stock market flotation. Business • 14 Sep 12
RBS to sell off insurance arm Royal Bank of Scotland said it plans to spin off its Churchill and Direct Line insurance arm in a highly-anticipated stock market flotation. Business • 14 Sep 12
