(Sharecast News) - Direct Line said on Tuesday that it swung to a full-year ongoing operating profit as the motor segment returned to profitability. In the year to the end of December 2024, the ...

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 ...

Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...

Aviva has agreed to a £3.6bn takeover deal with Direct Line after recently improving its offer. Meanwhile, GlobalData findings show that Aviva’s acquisition of Direct Line would help the insurer ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer ...

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 ...

Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...