Libra Insurance Company (LBRA) H2 2025 earnings summary

Executive summary

• Achieved record annual gross premiums of ₪918 million in 2025, a 16% year-over-year increase, with net profit after tax reaching ₪85.2 million, up 67% from 2024.

• Maintained a high solvency ratio, standing at 131% at year-end and 116% as of June 2025, both above regulatory requirements.

• Distributed ₪20 million in dividends in 2025, reflecting robust capital position and adherence to a policy of distributing at least 30% of distributable profit.

• Continued rapid growth, with a CAGR of 82% in gross premiums since 2018.

• Advanced digital transformation and AI integration, enhancing operational efficiency and customer experience.

Financial highlights

• Gross premiums grew to ₪918 million in 2025 from ₪789 million in 2024.

• Net profit: ₪85.2 million in 2025 (up from ₪51.0 million in 2024).

• Pre-tax profit rose to ₪128 million in 2025, a 64% increase year-over-year.

• Return on equity remained high at 58% for both 2024 and 2025.

• Investment portfolio (nostro) reached ₪720 million by report date.

Outlook and guidance

• Strategic focus on continued accelerated growth and market share expansion, leveraging digital and personalized pricing models.

• Emphasis on maintaining low loss ratios and increasing profitability through AI-driven personalized models.

• Anticipates further expansion in life insurance, supported by strategic partnerships.

• Maintains a minimum solvency target of 105% through 2025, rising to 110% in 2026.