Aviva's UK and Ireland general insurance chief executive Jason Storah (C) Aviva Aviva's UK and Ireland General Insurance chief executive Jason Storah has revealed the insurer wants to "ramp up" its specialty personal lines provision by leveraging newly integrated Direct Line.
Direct Line
Aviva has beaten market expectations as its integration of Direct Line and general insurance division drove its operating profits for the first half of 2026 by 24%. Chief executive Dame Amanda Blanc's £3.7 billion bet on taking over motor insurer Direct Line has paid off, helped by the number
Aviva is trading near 52-week highs ahead of its first-half results, as all eyes are on chief executive Amanda Blanc following its multi-billion pound turnaround. Analysts are expecting profits for the first half of the year to rise by roughly 17.5% year-on-year to £1.3 billion. A s
The Prudential Regulation Authority (PRA) has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their Solvency II balance sheet during 2023 and 2024. This resulted in UKI Limited overstating its solvency to the PRA and to t
Late payments are becoming an increasing problem for UK tradespeople, according to new research by Direct Line business insurance, with over half (53%) saying they are experiencing more late payments than a year ago.
Aviva has reached a preliminary agreement to acquire rival insurer Direct Line for £3.6 billion after its third takeover bid was accepted.
Insurer Direct Line, which is significant employer in Glasgow, has announced plans to cut approximately 550 jobs. The decision comes as the company faces continued challenges, including a further loss of own-brand motor insurance customers.
Marks & Spencer (M&S) is due to drop out of the FTSE 100 index after its value fell below the threshold for inclusion. This is the first time the company will drop out of the index since it was established 35 years ago.
