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DAILY ALERT
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| Aviva responds to Direct Line’s £10.6m fine |
| 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 £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.
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11 Mar 2026
| News
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| Insight
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| PRA fines Direct Line underwriter £10.6m |
| The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.
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11 Mar 2026
| News
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Sponsored
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| Roundtable: Transforming risk management in commercial insurance
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| From AI and sensors to board-level governance and SME engagement, an Insurance Post roundtable held in conjunction with RiskSTOP delved into how insurers and brokers can help businesses navigate a complex risk landscape and strengthen loss prevention. This article provides a summary of the discussion. |
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