RBS Group acquires the business of Royal Insurance from RSA Assicurazioni. These businesses rebrand as Direct Line.
The RBS Group acquires Churchill Insurance Group Plc from Credit Suisse Group which includes the National Insurance and Guarantee Corporation Limited (NIG).
It also adds key long-term partnership distribution agreements, including Prudential and Nationwide.
Direct Line for Business launches
The Group consolidates its UK statutory general underwriting entities into one entity, U K Insurance Limited.
Direct Line Group initiates a major project to separate its operations from the RBS Group.