OLDWICK, N.J.--(BUSINESS WIRE)--Total U.S. surplus lines direct premiums written (DPW) surpassed $100 billion for the first time in 2023, reaching a record $115.6 billion, which represented a 17.4% ...
CBRE Group, Inc. CBRE recently announced the acquisition of Direct Line Global from a private equity firm, Guardian Capital. The acquisition is expected to be immediately accretive to CBRE’s core ...
Direct Line Insurance Group DLG0.93%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...
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 agreed to an improved takeover bid from Aviva AV-2.19%decrease; red down pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said. Insurer ...
Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...
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 ...
Shares in motor insurance giant Direct Line soared on Thursday after the firm announced the sale of its brokered commercial insurance business and revealed half-year trading numbers. At 176.2p per ...
When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...
Direct Line shares surged 25% on Wednesday following Belgian insurer Ageas’ offer to fully-acquire the British insurance company for approximately £3.1 billion ($3.9 billion). In a statement on ...
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