Linea Directa Aseguradora Sa · BME:LDA
Linea Directa Aseguradora Sa — Q2 2026 Earnings Presentation
21 slides from Linea Directa Aseguradora Sa's earnings presentation, Jul 27, 2026
Slide 1: Other Relevant Information
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (the "Company"), pursuant to legislation regulating the securities market, announces the following: OTHER RELEVANT INFORMATION Please find attached the Company’s first half 2026 results presentation for analysts and investors, which w
Slide 2: June 2026 Results
June 2026 Results Presentation for analysts and investors 27 July 2026
Slide 3: Legal notice
Legal notice This document has been prepared by Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (“Línea Directa” or the “Company”) for the sole purpose of presenting results and may not be used for any other purpose. The statements contained in this document relating to forecasts,
Slide 4: Contents
Contents 01. Key Highlights 02. June 2026 Results 03. Appendices
Slide 5: Key Highlights
01 Key Highlights
Slide 6: Growth, profitability and solvency: a solid first half
01. Key Highlights Growth, profitability and solvency: a solid first half GWP | 6M ‘26 Lines of Business Profitability 609.3M € COMBINED RATIO | 6M ‘26 +9.2% vs. 6M ‘25 PREMIUMS PREMIUMS PREMIUMS PREMIUMS 91.1% -1.2 p.p. vs. 6M ‘25 +9.8% +2.0% +17.7% +57.5% Net Profit | 6M ‘26 vs. 6M ’25 vs. 6M ’25
Slide 7: June 2026 Results
02 June 2026 Results
Slide 8: June 2026 Results
02. June 2026 Results IFRS17&9 Thousand euro 6M 2026 6M 2025 % var. 2Q 2026 Broad-based growth: all lines of Gross written premiums (GWP) 609,298 558,219 9.2% 306,069 business contribute to premium Ordinary insurance activities income 1 577,128 518,858 11.2% 293,731 growth, which increased by +9.2
Slide 9: Premiums and Policyholders
02. Premiums and Policyholders Premiums and policyholders by line of business Premiums Policyholders 609.3M € 3,857 thousand Gross Written Premiums Policyholders % var. Thousand euro 6M 2026 6M 2025 % var. 2Q 2026 Thousand 6M 2026 6M 2025 % var. 2Q 2026 YoY Motor 490,781 446,998 9.8% 254,640 9.1% Mo
Slide 10: Combined Ratio
02. Combined Ratio IFRS17&9 -1.2 p.p. Underwriting discipline Growing scale and and claims frequency improved operating control efficiency
Slide 11: Motor Segment
02. Motor Segment IFRS17&9 INCOME COMBINED RATIO IFRS 17 GWP INSURANCE REVENUE (NET) IFRS 17 +9.8% +11.9% -0.9 p.p Thousand euro Motor exceeds 490M€ in premiums, with year-on-year growth of 9.8% Excellent technical profitability: combined ratio of 91.1% in Portfolio adds 222.174 policies and g
Slide 12: Home Segment
02. Home Segment IFRS17&9 INCOME COMBINED RATIO IFRS 17 GWP INSURANCE REVENUE (NET) IFRS 17 -2.3 p.p +2.0% +4.9% Thousand euro Home gains volume with +2.0% in premiums and 28,465 Exceptional combined ratio: 86.6% in 6M, improving by 2.3 additional policies (+3.7%) p.p. vs. 6M 2025 and 83.9 in st
Slide 13: Health Segment
02. Health Segment IFRS17&9 INCOME COMBINED RATIO IFRS 17 GWP INSURANCE REVENUE (NET) IFRS 17 +17.7% +16.2% -8.6 p.p Thousand euro Health maintains traction: premiums +17.7% to 28.9M€ Portfolio grows to 128,196 policies (+10.4% YoY), supported Combined ratio of 125.1%, with an improvement of 8
Slide 14: Financial Result
02. Financial Result IFRS17&9 Thousand euro 6M 2026 6M 2025 % var. Higher income from fixed-income Income 20,711 19,135 8.2% and equity portfolios, the main Interest on b ank deposits 300 451 -33.4% driver of the increase in financial result Interest on fixed income securities 13,861 11,871 16.8% In
Slide 15: Investment Portfolio, Movements Registered in OCI and Other Metrics
02. Investment Portfolio, Movements Registered in OCI and Other Metrics IFRS17&9 PORTFOLIO COMPOSITION Thousand euro 6M 2026 6M 2025 % var. Movements registered in OCI 1,296 6,173 -79.0% MTM fixed income and equity instruments 4 4,745 -99.9% Realised gains (losses) in equity instruments 1,292 1,428
Slide 16: Solvency II
02. Solvency II Solvency ratio SOLVENCY II OWN FUNDS Thousand euro 12M 2025 6M 2026 The evolution reflects: SCR Market 124,322 125,604 Robust capital generation recorded in the first half and the SCR Counterparty 5,604 8,008 revaluation of the portfolio recognised in equity SCR Health 4,242 5,062
Slide 17: Appendices
03 Appendices
Slide 18: Income Statement by Line of Business
03. Income Statement by Line of Business IFRS17&9 MOTOR HOME Thousand euro 6M 2026 6M 2025 % var. Thousand euro 6M 2026 6M 2025 % var. Gross written premiums 490,781 446,998 9.8% Gross written premiums 86,242 84,519 2.0% Income from ordinary insurance activities, Income from ordinary insurance activ
Slide 19: Income Statement by Line of Business
03. Income Statement by Line of Business IFRS17&9 1 HEALTH OTHER INSURANCE BUSINESSES Thousand euro 6M 2026 6M 2025 % var. Thousand euro 6M 2026 6M 2025 % var. Gross written premiums 3,313 2,104 57.5% Gross written premiums 28,962 24,598 17.7% Income from ordinary insurance activities, Income from o
Slide 20: Consolidated Balance Sheet
03. Consolidated Balance Sheet IFRS17&9 ASSETS LIABILITIES AND EQUITY Thousand euro Thousand euro ASSETS 6M 2026 12M 2025 % var. LIABILITIES AND EQUITY 6M 2026 12M 2025 % var. Cash and cash equivalents 23,884 16,988 40.6% Financial liabilities at amortised cost 102,534 69,850 46.8% Financial assets
Slide 21: Thank you
Thank you For more information: Follow us: Beatriz Izard LinkedIn.com/company/linea-directa-aseguradora beatriz.izard@lineadirecta.es Instagram.com/lineadirectaaseguradora Mark Brewer TikTok.com/@lineadirectaaseguradora mark.brewer@lineadirecta.es X.com/lineadirecta_es YouTube.com/LineaDirectaSeguro
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