Aviva’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s overall operating profit increased by 25 per cent to £2.2bn. The group informed ...
Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...
After Direct Line DLG announced the appointment of new CEO Adam Winslow a few days ago, it revealed on Sept. 1 that the Financial Conduct Authority is undertaking a review of its past business. This ...
Moreover, Direct Line had a cost-cutting program ongoing and was turning its operations back to profitability, something that the market was not yet rewarding. This means Direct Line’s valuation was ...
(RTTNews) - The boards of Aviva (AV.L, AV) and Direct Line insurance (DLG.L) have reached agreement on the terms of a recommended cash and share offer for Direct Line. Each Direct Line shareholder ...
If you've renewed your Churchill, Direct Line or Privilege home or car insurance since 1 January 2022 you may be owed a refund. This comes after Direct Line Group, which all three brands come under, ...
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 DLG has reported gross written premiums of GBP 2.7 billion for the first nine months, a more than 20% rise on the same period in 2022 as the business incorporates 725,000 customers from ...
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