Línea Directa earns 59.5 million in 2022, 46% less, and premium billing increases by 4.4%


Línea Directa registered a net profit of 59.5 million euros in 2022, which represents a decrease of 46% compared to the previous year, in an “extraordinarily adverse” market environment, marked mainly by inflation at record levels and an increase of the accident rate that has affected the insurance sector as a whole.

Likewise, the group’s premium billing for the year as a whole amounted to 946.7 million euros, the highest volume in the company’s history and 4.4% more than in the same period of 2021, as reported. this Friday the company.

In this way, Línea Directa practically quintupled the growth of the two previous years in 2022 and is once again at rates of increase in its turnover prior to the Covid-19 pandemic.

During the year, the company has highlighted that it has once again shown a “remarkable” control of general expenses, which remained stable, and a “positive” commercial performance that has translated into an acceleration of revenue growth.