(Bloomberg) — Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor it’s rebuffed this ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from ...

Direct Line has been one of the biggest names in car insurance since it launched in 1985 as the first insurance provider to offer policies exclusively by phone. It's part of Direct Line Group, along ...

Direct Line Group has introduced three new Direct Line branded motor insurance products on price comparison website (PCW) Compare the Market. Covering a range of cover options from ‘essential’ to ...

Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this morning, Direct Line ...

Direct Line Group has revealed plans to axe around 550 jobs in the hopes of saving £50million next year. Direct Line Group said: “In motor, trading conditions have been challenging although we ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer ...

British insurer says offer last month from Ageas was ‘highly opportunistic’, after shares surge on talk of bid Direct Line has rejected a £3.1bn takeover offer from a Belgian rival, saying the ...

Direct Line Insurance Group plc, formerly RBS Insurance Group Limited, is a retail general insurer with operations in the United Kingdom, Italy and Germany. The Company operates in five segments: ...

Insurance giant Aviva has confirmed a £3.7bn takeover of competitor Direct Line, after an initial £3.3bn bid was rejected in November. The FTSE 100 company managed to agree deal following intense ...

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 of ...