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 ...

(Bloomberg) — Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor it’s rebuffed this ...

British insurer says offer last month from Ageas was ‘highly opportunistic’, after shares surge on talk of bid Direct Line has rejected a £3.1bn takeover offer from a Belgian rival, saying the ...

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 has been one of the biggest names in car insurance since it launched in 1985 as the first insurance provider to offer policies exclusively by phone. It's part of Direct Line Group, along ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Direct Line has rejected a preliminary £3.1bn takeover offer from Belgian insurer Ageas, as the UK motor ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from ...

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 ...

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 ...