A vote on the deal was recently held
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
DLG says it is ’beyond [directors’] control as to whether Aviva would undertake any restructuring of the group’s legal entities’
’The turnround strategy, launched in July, has made a marked difference to the company’s performance,’ says chief executive
Insurance Times rounds up all of the coverage around insurers’ full-year financial results for 2024, published in Q1 2025
Aviva says the acquisition is progressing in line with expectations
Shareholders have approved Aviva’s £3.7bn takeover of DLG, and the deal looks set for completion in mid-2025, but what does the acquisition mean for the two businesses? And how will it impact the wider market?
The insurer and broker sectors both recorded standout acquisition volume and values last year – however, industry experts do not see the same trends for 2025, with January providing the lowest monthly M&A completion figure since 2017
Aviva has secured a preliminary agreement with DLG over a potential acquisition
DLG rejected a takeover attempt from Aviva, saying the offer ’substantially undervalued the company’
Embracing self-serve in the insurance industry will be essential moving forward