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’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s ...

The PRA revealed that UK Insurance Limited (UKI) misstated its balance sheet during 2023 and 2024. This was attributed to ...

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 ...

The Prudential Regulation Authority has fined Direct Line Group £10.6m after it miscalculated its Solvency II balance sheet during 2023 and 2024.

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 ...

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a ...

The Bank of England has fined a UK insurance company owned by Aviva £10.6mn for overstating the strength of its balance sheet ...

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 ...

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m ...

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

An independent benchmark report into car insurance has shown that Direct Line is the UK’s most competitive major insurer. The findings reinforce Direct Line’s position as one of the few household ...