Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Reports Earnings Results for the First Quarter Ended March 31, 2023
April 20, 2023
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Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net loss was EUR 5.28 million compared to net income of EUR 24.19 million a year ago.
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is a Spain-based company specialized in the provision of insurance and reinsurance services in general insurance sectors. The Company operates mainly in the Motor, Home and Health insurances. The Company operates through several brands of insurance. The Company sells car, motorbike, company fleet and home insurance under the Linea Directa brand. Penelope Seguros is an insurance brand designed by women, and its cover includes handbag theft, roadside assistance for pregnant women and management of the vehicle's service schedule. Aprecio is a brand specialized in insurance for motorbikes, motorcycles and scooters. Vivaz Seguros is a health insurance brand.