Archive

  • No go for CoCo after Aviva seals Direct Line takeover

    03 July 2025

    Direct Line's RT1 notes will not count towards Aviva's regulatory capital

  • Aviva £4bn acquisition of Direct Line cleared by competition authority and courts

    01 July 2025
  • Aviva says Direct Line acquisition is "on track" despite CMA investigation

    15 May 2025

    In a Q1 trading update, the insurer said it also expects to remain active in the bulk purchase annuity market

  • Direct Line reports strong premium growth amid turnaround efforts

    04 March 2025

    The insurer declared £3,7bn in gross written premiums in 2024

  • Aviva's profit climbs 20% as sales rise across the board

    27 February 2025

    UK insurer wrote £7.8bn of bulk annuities with better IRR than before

  • Lloyd's appoints Alexandra Cliff as chief financial officer

    30 January 2025
  • Direct Line board accepts £3.6bn takeover offer from Aviva

    06 December 2024

    Raising of last week's bid by 10% convinces Direct Line's board

  • Direct Line rejects Aviva's "highly opportunistic" takeover offer

    28 November 2024

    Insurer had offered a cash and share deal worth 250 pence per Direct Line share

  • UK regulator launches probe into home and motor insurance premium financing

    16 October 2024

    Annual interest charges can be up to 30%, says Financial Conduct Authority

  • Direct Line begins recovery, promises more next year

    04 September 2024

    Investors sceptical about upturn of net insurance margin

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