Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.

Aviva's acquisition of Direct Line for $4.6 billion will significantly boost its market position in the U.K. personal lines, especially motor insurance. The deal is expected to generate £125 million ...

Britain’s competition regulator has launched a probe into Aviva’s £3.7bn takeover of insurance rival Direct Line. The combined company would control more than a fifth of the UK home and insurance ...

LONDON, Feb 28 (Reuters) - British home and motor insurer Direct Line (DLGD.L), opens new tab said on Wednesday it had rejected a 3.1 billion pound ($3.92 billion) offer from Belgium-based rival Ageas ...