)
Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
Direct Line Insurance Group (DLG) investor relations material
Direct Line Insurance Group has been acquired by Aviva plc
Direct Line Insurance Group H2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2024 earnings summary4 Mar, 2025
Executive summary
2024 marked a significant year of progress, with a new leadership team executing a turnaround strategy focused on operational, financial, and strategic improvements.
Operating profit increased by GBP 395 million year-over-year, with a 22-point improvement in motor margin.
Strong solvency capital ratio of 200% before a 5.0p final dividend.
A recommended cash and share offer from Aviva was announced, valuing the group at GBP 3.7 billion, with shareholder vote and regulatory approval expected by mid-2025.
Significant progress made by new leadership, including cost actions and digital initiatives.
Financial highlights
Premium growth reached 25% year-over-year, with motor premiums up 32% and non-motor up 11%.
Ongoing operating profit was GBP 205 million, a GBP 395 million increase versus 2023.
Net insurance margin improved to 3.6% from -8.7% year-over-year.
Return on tangible equity improved by 25 points to 10%.
Group profit after tax was GBP 163 million, GBP 60 million lower than last year due to prior year one-off gains.
Outlook and guidance
Targeting at least GBP 100 million in gross run rate cost savings by end of 2025, with GBP 50 million already actioned.
Non-motor premium CAGR targeted at 7–10% between 2023–2026.
Aiming for 13% net insurance margin by 2026, supported by business transformation.
Confident in further recovery in motor and continued strong growth in non-motor segments.
Post shareholder vote, what are next Aviva deal steps?
How will the remaining GBP 50M cost savings be realized?
Motor: Own brand retention vs. PCW growth strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Direct Line Insurance Group plc is a United Kingdom-based insurance company offering a range of general insurance products. The company provides coverage for motor, home, travel, pet, and small business insurance through its portfolio of brands, including Direct Line, Churchill, and Green Flag. The company is headquartered in Bromley, United Kingdom, and its shares are listed on the LSE (London Stock Exchange).
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage