The insurer Aviva has agreed to acquire its rival Direct Line in a deal worth £3.7bn. The takeover is expected to be completed in mid-2025, at which point Direct Line Group's brands and services will ...

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 ...

Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...

Direct Line Insurance Group PLC (DIISF) returned to profit in 2024 with a GBP395 million increase in ongoing operating profit and a 22-point margin improvement in Motor. The company announced a final ...

(Alliance News) - Direct Line Insurance Group PLC on Monday provided details on management changes ahead of its takeover by Aviva PLC. The Bromley, Kent-based car and home insurer agreed to an ...

Direct Line Group agreed a £3.7bn takeover offer from Aviva at the end of 2024. Credit - Getty. The chief executive of Direct Line Group has received a huge pay day ahead of its £3.7bn takeover by ...

The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their ...

Direct Line is hailing significant progress in its revitalisation strategy, aiming for annual cost savings of £100m as it gears up for acquisition by insurance heavyweight Aviva. The company revealed ...

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 ...

Top bosses of Direct Line are stepping down in a major leadership reshuffle after overseeing the £3.7 billion sale of the company to insurance giant Aviva, it has been announced. Chief executive Adam ...

Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...

LONDON - Direct Line (LON:DLGD) Insurance Group plc announced Monday that CEO Adam Winslow and CFO Jane Poole will step down from their positions when the company’s acquisition by Aviva (LON:AV) ...