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. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid ...

Insurer’s shares fall as higher used car prices, costlier parts and longer repair times weigh on business Direct Line has issued a profit warning, saying that the soaring prices of used cars, parts ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of the biggest names in British insurance are locked in a takeover tussle that has the potential to redraw ...

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’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...

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 ...

Insurance giant Aviva has confirmed a £3.7bn takeover of competitor Direct Line, after an initial £3.3bn bid was rejected in November. The FTSE 100 company managed to agree deal following intense ...

The City loves a deal. Consumers, not so much. For them, a tie-up between insurance giants Aviva and Direct Line, at a time when car insurance prices are at historic highs, is a far from enticing ...

Direct Line is to pay out around £30million in compensation to car and home insurance customers. Some existing customers were charged more for their renewal than what they would have done if they were ...

Revenue: UK£3.17b (down 1.4% from FY 2021). Net loss: UK£39.5m (down by 112% from UK£327.1m profit in FY 2021). UK£0.043 loss per share (down from UK£0.24 profit in FY 2021). Revenue was in line with ...