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 PRA revealed that UK Insurance Limited (UKI) misstated its balance sheet during 2023 and 2024. This was attributed to ...

The Prudential Regulation Authority has fined Direct Line Group £10.6m after it miscalculated its Solvency II balance sheet during 2023 and 2024.

Direct Line offers business insurance to suit a wide range of businesses and professions, from accountants to tradespeople, and from contractors to start ups. It’s responsible for over 500,000 ...

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 ...

Aviva’s acquisition of Direct Line in 2025 contributed £174m to operating profit for the FTSE 100 giant, as the group’s ...

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 ...

British insurer Aviva on Thursday set itself new financial targets including nearly doubling cost savings from its combination with Direct Line, as CEO Amanda Blanc looks to convince investors the ...

The Bank of England has fined a UK insurance company owned by Aviva £10.6mn for overstating the strength of its balance sheet ...

Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks! Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks Direct Line Insurance ( (GB:DLG)) has ...

Dec 18 (Reuters) - Britain's competition regulator said on Wednesday that Direct Line (DLGD.L), opens new tab breached an order by erroneously adding a 'No Claims Bonus Protection' add-on to customers ...