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 ...
Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...
Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...
Expects motor division to improve in H2 Policy attrition for motor insurance slows Shares reverse course to rise 1% Sept 4 (Reuters) - Britain's Direct Line Insurance (DLGD.L), opens new tab missed ...
Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...
Direct Line has returned to profit but failed to match analyst expectations after losing almost half a million motor insurance customers. The insurer posted a pre-tax profit of £61.6m for the six ...
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