Shares in UK insurer Direct Line Insurance soared over 36% in early trade in London today after it rejected a £3.28 billion takeover offer from bigger rival Aviva, saying it "substantially undervalued ...

British insurer Direct Line has agreed to review overcharging of existing home and motor customers totalling about £30m for policy renewals, the Financial Conduct Authority said. Direct Line Group ...

Top bosses of Direct Line are stepping down in a major leadership reshuffle after overseeing the £3.7 billion sale of the company to insurance giant Aviva, it has been announced. Chief executive Adam ...

Nearly 32,000 staff at Aviva (AV.L) are to receive £500 of free shares each after the insurance giant completed its £3.7 billion takeover of rival Direct Line (DLG.L). The group said all 23,000 staff ...

(Alliance News) - The UK Competition & Markets Authority on Tuesday green lit Aviva PLC's takeover of Bromley, London-based car and home insurer Direct Line Insurance Group PLC. London-based insurer ...

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 ...

Direct Line's GC will leave the company, just as its £3.7 billion acquisition by Aviva is cleared by the CMA. Angela Yotov. Courtesy photo. Direct Line’s general counsel is exiting the company, after ...

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Direct Line boss Adam Winslow is set to step down within days as the company’s £3.7billion takeover by Aviva completes. Winslow has run the insurer for just over a year, having joined from Aviva.