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 ...
The Prudential Regulation Authority has fined Direct Line Group £10.6m after it miscalculated its Solvency II balance sheet during 2023 and 2024.
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 PRA revealed that UK Insurance Limited (UKI) misstated its balance sheet during 2023 and 2024. This was attributed to ...
The Prudential Regulation Authority (PRA) in the UK has fined U K Insurance Limited (UKI Limited) £10m ($14m) after the company miscalculated figures on its solvency II balance sheet for 2023 and 2024 ...
Aviva reported a 24.6% jump in annual profit for 2025, reaching £2.2bn, boosted by its merger with Direct Line and general ...
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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 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 ...
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