shutterstock_249232966

25 March 2024Insurance

Ageas drops Direct Line takeover bid; can’t justify major sweetener

Belgian-French multinational insurer Ageas has dropped its would-be takeover bid for UK rival Direct Line, having met unrelenting opposition from Direct Line leadership and clear disappointment from minority shareholders.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Exclusive: Hull marine war rate edges down, at least before Iran closed the Strait again

22 June 2026 Iran talks about charging ‘insurance fees’ once the 60-day peace deal expires.

Howden Re taps McGill partner to lead Ireland expansion

22 June 2026 Dublin base strengthens support for Irish insurers, MGAs and captives.

Stand launches Florida hurricane programme to strengthen and cover homes

22 June 2026 The first carrier to actively fund and coordinate hurricane mitigation with homeowners.

More articles

Exclusive: Hull marine war rate edges down, at least before Iran closed the Strait again

Howden Re taps McGill partner to lead Ireland expansion

Stand launches Florida hurricane programme to strengthen and cover homes

Bondaval names Allianz Trade executive as co-chief underwriting officer

AIG expands North America specialty leadership remit

Climate model misses may hide in hurricane frequency, not severity

Lloyd’s enhances India access with local partnership

Chubb leads on another Strait of Hormuz scheme, this time with Lloyd’s backing

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze