Direct Line Group News – Page 3
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NewsCMA and market share claims made after DLG accepts Aviva takeover proposal
’There will be concerns over the fact that the new DLG/Aviva proposed entity would have a potentially dominant market share,’ says director
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NewsAviva explains how it plans to purchase DLG after takeover bid accepted
The two firms reached a preliminary agreement on the financial terms for a potential acquisition
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NewsDLG accepts £3.6bn takeover offer from Aviva
Aviva has been successful in reaching a preliminary agreement with DLG over a potential acquisition after raising its offer
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NewsDLG founder responds to Aviva takeover bid
Founder says bid must increase by ’several hundred million pounds’ to be successful
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NewsWinslow’s plea to DLG shareholders as Aviva on ‘charm offensive’ over takeover bid
“[Amanda Blanc] is doing her job, but I’ve got my job to do, which is to drive value for shareholders,’ says Winslow
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NewsAviva ‘contacts DLG shareholders’ as ‘hostile takeover’ looms
’The shareholder outreach is designed to persuade the Direct Line board to come to the table,’ says report
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NewsDLG ‘declines to engage further’ with Aviva after takeover attempt
According to British takeover rules, Aviva has until 25 December 2024 to make a firm offer or walk away
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NewsDLG responds as Aviva attempts £3.3bn takeover of insurer
Aviva has submitted an ’opportunistic’ proposal to DLG
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NewsThe biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 18 November to 22 November
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NewsAnother DLG exit as c-suite retires
’She has been a tremendous colleague and she will be missed when she leaves the business,’ says insurer
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NewsDLG c-suite to leave insurer after three years
’He leaves with our sincere thanks and best wishes for the future,’ says insurer
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NewsDLG reveals plans to axe around 550 jobs to cut costs
Chief executive says the insurer is in the early stages of a ’significant turnaround’ as it looks to make its operating model more efficient
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NewsThe biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 7 to 11 October 2024
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NewsEx-Allianz Personal chief executive joins Zego board
’His advice will be absolutely crucial as we continue to deliver innovative products for our customers and growth for our shareholders,’ says chief executive
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NewsDLG confirms appointment of ex-Aviva c-suite
’She will be instrumental in driving for delivery of our targets for shareholders,’ says chief executive
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NewsSaga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year
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NewsDLG announces new charity partnerships
’We see real value in the learning opportunities this collaboration can provide,’ says diversity and inclusion and talent partner
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NewsDLG returns to profitability but in-force policies drop
’The actions we have taken are beginning to make a difference but there is more to do,’ says chief executive
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NewsDLG makes change to solvency capital ratio after miscalculation
’The group has taken action to strengthen the control environment in relation to the specific area where the miscalculation occurred,’ says insurer
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