Elsewhere, Direct Line’s gross written premium jumped 27 per cent to £3.1bn on the back of price hikes driven by inflation. Its net insurance margin grew 7.4 percentage points to 8.3 per cent.

Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid for its smaller rival. The FTSE 100 insurer began to approach its target’s ...

Direct Line is currently looking at how to transform its Green Flag breakdown recovery service in a similar way. It is currently updating the Green Flag app to make it easier for customers.

Direct Line described Aviva’s $4.2 billion takeover approach as highly opportunistic and said it substantially undervalued the company. Aviva was offering 112.5 pence in cash and 0.282 new Aviva ...

Direct Line shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva , as analysts expect a bidding war over the British motor and home ...

Direct Line said its in-force policies fell nearly two per cent to 9.27m from 9.44m. The firm said that motor volumes came in lower, as expected, due to “continued repricing of the motor book ...

Direct Line agreed to an improved takeover bid from Aviva AV 0.57 % increase; green up pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said.

Dec 20 (The Insurer): UK motor insurer Direct Line has started its move onto price comparison websites with the launch of three new products under its own brand. In an announcement on Friday, Direct ...

Direct Line has told customers for years that it is not on comparison websites, but announcing the change on Wednesday, Direct Line said that price comparison websites are visited by 90 percent ...

Direct Line is to pay out around £30million in compensation to car and home insurance customers. Some existing customers were charged more for their renewal than what they would have done if they ...