Línea Directa posts a €80.4 million profit in the first nine months of the year, up 34.8%, driven by strong business growth and insurance margins

• Gross written premiums revenue increased by 8.9% year-on-year to €919 million, supported by growth across all business lines.

• The customer base exceeded 3.9 million (+6.9%), with more than 253,000 additional policyholders compared to the third quarter of the previous year, reaching an all-time high.

• The company maintains a strong financial position, with return on average equity (RoAE) standing at 25.6% and the solvency ratio at 191.5%.

Madrid, 28 October 2026. Línea Directa Aseguradora closed the first nine months of 2026 with a solid performance, driven by business growth across all its lines and excellence in technical management.

The company closed the third quarter of the year with a net profit of €80.4 million, up 34.8% compared with the same period of the previous year, supported by strong growth across all its business lines and an improvement in the combined ratio.

In the first nine months of 2026, the company’s gross written premiums reached €919.0 million, representing an 8.9% year-on-year increase, above the growth of the Non-Life insurance market (5.6%). This revenue growth was underpinned by a strong increase in the customer base, with more than 253,000 customers added by the end of September, bringing the total to 3.9 million customers (+6.9%).

By business line, the Motor business maintained strong commercial momentum and once again outperformed the market. Gross written premiums increased by 9.5% to €750 million, compared with 6.1% for the market, while the customer base reached 2.89 million policyholders, up 7.9% compared with 2025.

Línea Directa’s Home business generated premium income of €128.9 million (+2.6%), while its customer base exceeded 796,000 (+3.5%). In Health, the number of policyholders rose to 131,000 (+10.9%), while gross written premiums increased to €35.6 million, representing growth of 17.0%.

Other Products, which include personal mobility, home squatting protection, pet and multi-risk business insurance, among others, generated €4.5 million in gross written premiums (+50.4%) and reached 86,000 policies (+2.0%).

Excellent technical performance

Against a backdrop of cost pressures, the company’s combined ratio improved thanks to differentiated underwriting and increasing efficiency in cost control. As a result, the combined ratio fell to 91.3% (-2.1 p.p.), driven by a notable decline in both the loss ratio (-1.0 p.p.) and the expense ratio (-1.1 p.p.), which stood at 71.3% and 20.0%, respectively.

The company’s strong technical performance, together with its commercial momentum during the first nine months of the year, led to a 45.6% increase in the technical result from insurance activities, which reached €74.3 million. Meanwhile, the company’s financial result stood at €34.5 million, 7.7% higher than in the first nine months of 2025.

In addition, the company maintained a strong financial profile, achieving an average return on equity (RoAE) of 25.6% (+3.3 p.p.) and a solvency ratio of 191.5% (+2.5 p.p.).

In the words of Patricia Ayuela, CEO of Línea Directa Aseguradora: “The results for the first nine months of the year reflect the strength and consistency of our strategy and business model. We are delivering strong customer growth, increasing revenues above the market and achieving exceptional levels of profitability. All of this puts us in a strong position as we approach the end of the year and enables us to continue making progress towards the strategic objectives we set at the beginning of the year.”

Main figures 9M 2026