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LBRA: Net profit surged to ₪24.5 million on strong premium growth and improved efficiency

LBRA: Net profit surged to ₪24.5 million on strong premium growth and improved efficiency

Libra Insurance Co. Ltd.August 20, 20243
LBRA: Net profit surged to ₪24.5 million on strong premium growth and improved efficiency

About this update from Libra Insurance Co. Ltd.

Strong premium growth and a turnaround to profitability marked the first half of 2024, with net profit reaching ₪24.5 million and significant improvements in underwriting and operational efficiency. The company expanded digital offerings and maintained robust capital adequacy.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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