Linea Directa Aseguradora SA
LDA
ISIN ES0105546008 / Valor 111171643
Linea Directa Aseguradora SA
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About company
Linea Directa Aseguradora SA is a prominent direct insurance company in Spain, specializing in Motor, Home, and Health insurances. Established in 1994, the company boasts a substantial premiums volume of 946.7 million euros and serves over 3.4 million clients with the help of more than 2,500 employees. The company's Corporate Governance Policy outlines the principles governing its corporate policies and internal rules, ensuring a robust governance framework. Linea Directa Aseguradora operates independently from the Direct Line Group, utilizing the "Linea Directa" trademark under license. The company's tax strategy focuses on compliance with tax regulations while supporting its business strategy. Additionally, Linea Directa Group prioritizes transparency and quality in its communication with shareholders, investors, and the public, aiming to minimize the negative impact of its investments on society and the environment.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (15.10.2025):
Línea Directa Aseguradora SA reported a net profit of €64.2 million for the year 2024, demonstrating significant improvements in insurance margins and robust growth in both revenue and customer base across all business lines.
Strong Profit Performance
The company achieved a net profit of €64.2 million in 2024, a substantial turnaround from a loss of €4.4 million in the previous year, driven by enhanced insurance margins and increased operational efficiency.
Improved Combined Ratio
The combined ratio improved to 94.7% by year-end 2024, marking a 9.4 percentage point improvement from 2023. This enhancement was due to reduced claims costs and greater operational efficiency, with the fourth quarter alone seeing the ratio drop to 92.6%.
Revenue and Premium Growth
Premiums rose by 4.8% to €1,019.6 million, surpassing the €1,000 million milestone for the first time. In the fourth quarter, premium growth accelerated to 8.6%, fueled by a strong boost in commercial activity.
Expanding Customer Base
The customer portfolio increased by 3.5% to 3.4 million policyholders, adding 116,200 new customers over the year, reflecting the company's effective growth strategies.
Digital Transformation Success
Línea Directa advanced its digitalization efforts in 2024, with 90% of policyholders interacting through digital channels. Digital sales grew significantly, with policies sold online increasing 2.4 times compared to the previous year.
Robust Shareholder Remuneration
The Board proposed a complementary dividend of €0.0138 per share, bringing total shareholder remuneration for 2024 to €0.0414 per share and a total of €45 million in dividends.
Strong Financial Metrics
The company achieved a Return on Equity (RoAE) of 19.6% and maintained a solid solvency ratio of 185.4%, ensuring financial stability and the ability to meet future obligations.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1401 M
Market cap (USD)
305,535
Daily traded volume (Shares)
1.08 / 1.054
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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