Direct Line offers business insurance to suit a wide range of businesses and professions, from accountants to tradespeople, and from contractors to start ups. It’s responsible for over 500,000 ...

Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...

(Bloomberg) -- Direct Line Insurance Group Plc rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, rebuffing the second suitor this year. London-listed Aviva submitted a non-binding ...

Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were rejected this year. The Belgian insurer had put forth an offer valuing Direct Line ...

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...

Following Direct Line Shareholder Approval, Intact will make a £520 million (C$884 million) payment to Direct Line as cash consideration for the acquired UK commercial lines business, with potential ...

Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years post-deal. Aviva's Q3 results exceeded expectations on a standalone basis, ...

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 ...

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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 ...

Direct Line Insurance Group PLC is a British insurance company headquartered in Bromley, United Kingdom. The company was founded in 1985 and was the first insurance company in the UK to sell insurance ...