Libra Insurance Company (LBRA) investor relations material

Executive summary

• H1 2026 net income was ₪53.2m, gross premiums were ₪538m, and annualized ROE was 47%.

• H1 pretax profit rose to ₪80.4m from ₪60.3m YoY; Q2 pretax profit was ₪42.1m versus ₪35.1m.

• Growth in general and life insurance accompanied digital innovation, strong customer satisfaction and leading service rankings.

• Personal-insurance focus, no collective policies or vehicle fleets, and technology and automation underpin the operating model.

Financial highlights

• Gross premiums rose 17% YoY to ₪538m in H1 and 18% to ₪245m in Q2; general insurance premiums were ₪527.7m and life premiums ₪10.7m in H1.

• Insurance service revenue was ₪488m in H1 versus ₪416m YoY; insurance service profit after reinsurance was ₪74m versus ₪57m.

• H1 net profit was ₪53.2m versus ₪39.5m YoY; Q2 net profit was ₪28m versus ₪23m.

• Total assets were ₪1,192.7m at June 30, 2026, versus ₪1,099.4m a year earlier; equity was ₪227.0m versus ₪148.1m.

• A ₪10m dividend was paid during the period.

Outlook and guidance

• Strategic priorities: accelerate growth and market share, develop innovative products, execute an AI-based work plan, and maintain loss ratios while improving profitability.

• Growth plans include expanding life and other non-auto lines, including profitable risk and mortgage products; non-auto business grew 41% YoY at June 30, 2026.

• Life insurance expansion is expected to draw on strategic partnerships, digital platforms, AI-driven personalized pricing and product innovation.

• Forward-looking plans depend on management assumptions and economic, regulatory and other external factors; targets may change, with no commitment to update forecasts.