Aviva France News
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Update: Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review
May 14 2025 // The Competition and Markets Authority said Wednesday it’ll asses whether the deal could result in “substantial lessening of competition” in the relevant UK markets. The initial review of the deal is...
UK’s Aviva Beats Profit Estimates on Double-Digit Growth in General Insurance Premiums
Feb 27 2025 // British insurer Aviva beat annual profit expectations on double-digit growth in its general insurance premiums in 2024, and said its planned 3.7 billion pound ($4.69 billion) acquisition of smaller rival Direct Line was on...
Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows
Feb 17 2025 // Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed...
UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal
Dec 31 2024 // British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday [Dec. 23], creating the UK’s...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion
Dec 23 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 entitled to receive...
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