Libra Insurance Company (LBRA) Q4 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2024 earnings summary
9 Nov, 2026Executive summary
2024 gross premiums rose 30% to ₪789m; net profit reached ₪51m, compared with ₪9m in 2023.
Growth spanned all activity segments, alongside a 13% expense ratio and a 132% solvency ratio during the transition period.
Financial highlights
Gross premiums were ₪789m in 2024 versus ₪614m in 2023; Q4 premiums were ₪182m versus ₪147m.
Net profit was ₪51m for 2024 versus ₪9m in 2023; Q4 net profit was ₪16m versus ₪8m.
Total assets reached ₪1,398m at Dec. 2024, up from ₪1,057m at Dec. 2023.
Outlook and guidance
2025 priorities: accelerate growth and market share, develop innovative products, implement an AI-based strategic work plan, and preserve LR while increasing profitability.
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Latest events from Libra Insurance Company
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