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Direct Line Insurance Group Plc (DLG.LN)

Direct Line Insurance Group Plc (DLG.LN)
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Direct Line is one of the more focused insurers that we cover. The business sells personal lines insurance in four divisions: personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance. Commercial insurance is sold to small businesses and Direct Line agreed to the sale of its commercial broking business. Direct Line only sells insurance in the United Kingdom. Its personal motor insurance division typically accounts for around 60% of group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 10%.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 3,857,900 3,148,700 3,230,100 3,202,200 3,281,600
Sales Growth +22.52% -2.52% +0.87% -2.42% -3.47%
Net Income 222,900 -39,500 343,700 367,200 419,900
Net Income Growth +664.30% -111.49% -6.40% -12.55% -11.36%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 8,417,200 8,354,600 9,308,600 9,622,300 9,434,200
Total Assets Growth +0.75% -10.25% -3.26% +1.99% +0.51%
Total Liabilities 6,012,500 6,074,100 6,411,900 6,576,100 6,444,100
Total Liabilities Growth -1.01% -5.27% -2.50% +2.05% -0.35%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 404,900 800,200 439,000 584,700 462,100
Operating Cash Flow Growth -49.40% +82.28% -24.92% +26.53% -2.16%
Net Cash Flow 751,400 41,900 -271,700 271,900 -196,100
Change in Net Cash Flow +1,693.32% +115.42% -199.93% +238.65% +7.54%
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