Libra Insurance Company (LBRA) Q1 2026 earnings summary

Executive summary

• Achieved strong Q1 2026 results with significant growth in premiums and net profit year-over-year across general and life insurance segments.

• Maintained industry-leading efficiency, profitability, and a robust solvency ratio, supported by advanced technology and a personalized business model.

• Continued innovation in insurance products and digital services, including expansion of the Chik product and high customer satisfaction ratings.

Financial highlights

• Gross premiums grew to ₪293M in Q1 2026, up from ₪251M in Q1 2025; general insurance premiums rose by 16% to NIS 288.1M, and life insurance premiums increased by 130% to NIS 5.0M.

• Net profit after tax reached ₪25M in Q1 2026, compared to ₪16M in Q1 2025.

• Return on equity (annualized) improved to 56% in Q1 2026 from 54% in Q1 2025.

• Total assets as of March 31, 2026, were NIS 1.21 billion, a 16% increase year-over-year.

• Equity increased to NIS 208.9 million as of March 31, 2026.

Outlook and guidance

• Focus on accelerated growth, market share expansion, and continued product innovation leveraging digital platforms and personalized pricing models.

• Strategic plan emphasizes AI-driven operations, maintaining low loss ratios, and increasing profitability.

• Macroeconomic and geopolitical uncertainties persist, but the company is positioned to benefit from its efficiency and competitive pricing.