Aviva’s Direct Line Group fined £10.6m for balance sheet reporting errors - The Prudential Regulation Authority said the firm’s main underwriter, UK Insurance Limited, miscalculated its balance sheet ...

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...

British insurer Aviva on Thursday set itself new financial targets including nearly doubling cost savings from its combination with Direct Line, as CEO Amanda Blanc looks to convince investors the ...

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The Bank of England has fined a UK insurance company owned by Aviva £10.6mn for overstating the strength of its balance sheet by almost £100mn. It took almost a year for the accounting error to be ...

Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...

Direct Line’s main underwriter, UK Insurance Limited (UKI), miscalculated its balance sheet during 2023 and 2024 (PA) The PRA ...

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Dec 18 (Reuters) - Britain's competition regulator said on Wednesday that Direct Line (DLGD.L), opens new tab breached an order by erroneously adding a 'No Claims Bonus Protection' add-on to customers ...

Aviva is well positioned to sustain a high payout ratio, combining dividends and buybacks for a total yield approaching 8.8%.