Direct Line returns to profit despite losing 488,000 motor insurance customers

The company mposted a surplus of £61.6m for the six months leading up to June 30, compared to losses of £76.3m the previous ...
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Direct Line boss gets £7.8m pay packet despite surging insurance costs

Direct Line’s boss landed a bumper payday in 2024 despite spiralling prices for customers and hundreds of job cuts, as he oversaw a sale of the company to insurance giant Aviva. Adam Winslow was given ...
Bloomberg L.P.

Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review

Aviva Plc faces a review by the UK’s merger watchdog of its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor ...
Reuters

UK clears $5 billion Aviva-Direct Line deal, forming Britain's top home and motor insurer

July 1 (Reuters) - Britain's competition watchdog cleared Aviva's (AV.L), opens new tab 3.7-billion-pound ($5.08 billion) takeover of smaller rival Direct Line (DLGD.L), opens new tab on Tuesday, ...
Bloomberg L.P.

Aviva’s £3.7 Billion Direct Line Deal Gets UK Regulator’s Nod

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 ...