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No go for CoCo after Aviva seals Direct Line takeover
03 July 2025Direct Line's RT1 notes will not count towards Aviva's regulatory capital
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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 2025In a Q1 trading update, the insurer said it also expects to remain active in the bulk purchase annuity market
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Direct Line reports strong premium growth amid turnaround efforts
04 March 2025The insurer declared £3,7bn in gross written premiums in 2024
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Aviva's profit climbs 20% as sales rise across the board
27 February 2025UK insurer wrote £7.8bn of bulk annuities with better IRR than before
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Lloyd's appoints Alexandra Cliff as chief financial officer
30 January 2025 -
Direct Line board accepts £3.6bn takeover offer from Aviva
06 December 2024Raising of last week's bid by 10% convinces Direct Line's board
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Direct Line rejects Aviva's "highly opportunistic" takeover offer
28 November 2024Insurer had offered a cash and share deal worth 250 pence per Direct Line share
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UK regulator launches probe into home and motor insurance premium financing
16 October 2024Annual interest charges can be up to 30%, says Financial Conduct Authority
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Direct Line begins recovery, promises more next year
04 September 2024Investors sceptical about upturn of net insurance margin