Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...

Direct Line, known for its motor insurance offerings in the UK, has been pursuing an independent path after rebuffing a proposal from Belgian rival Ageas in March that valued it at around £3.2 billion ...

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 ...

A battle is brewing within Direct Line over whether to accept any further takeover bids from Aviva, as its CEO seeks more time to turn the business around. Talking to the Sunday Times following ...

Direct Line Insurance belongs to the Direct Line Group, which also owns Churchill and Privilege, and its home insurance is underwritten by U K Insurance Ltd. In December 2024, the Direct Line Group ...

Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion).

The Direct Line Group CEO stated the decision was being taken to help the business return to growth and deliver “consistent, sustained profitability”. Speaking at the time, managing director of motor ...

Direct Line operated with GBP 341.2 million of debt on its balance sheet, split between GBP 82.4 million of overdraft and GBP 258.8 million of subordinated debt.

Direct Line has a Trustpilot rating of 3.9 out of 5, based on over 11,600 reviews, as of 7 March 2023. Keep in mind that these reviews aren’t exclusively about business insurance.

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 ...