Libra Insurance Company (LBRA) H1 2025 earnings summary

Executive summary

• H1 insurance-service revenue was ₪416.3m and net income was ₪51.0m; growth in policy volumes and improved underwriting supported results.

• General insurance remained the main earnings contributor, while life insurance moved from a service loss to a service profit.

Financial highlights

• H1 insurance-service revenue rose to ₪416.3m from ₪338.5m; profit before tax was ₪77.9m versus ₪40.1m, and net income was ₪51.0m versus ₪26.2m.

• Q2 insurance-service revenue was ₪212.4m versus ₪177.4m; pretax profit was ₪35.1m versus ₪20.9m, and net income was ₪23.0m versus ₪13.8m.

• Total assets reached ₪1,099.4m at June 30, 2025, up from ₪868.7m at June 30, 2024; equity was ₪148.1m, up from ₪108.6m at year-end 2024.

Outlook and guidance

• Life premiums are expected to build as the portfolio matures; the annualized premium book reached ₪12.4m at June 30, 2025.

• Plans include seeking authorization to enter pure savings and offer personal savings plans across investment tracks; no pension insurance products are planned at this stage.

• The outlook for economic and security conditions remains uncertain, with duration and business impacts of regional conflict not yet reliably estimable.