- Comprehensive income of ~NIS 381 million for IDI Insurance in 2025 vs. ~NIS 306 million in 2024
- Comprehensive income in Q4 totaled ~NIS 106 million vs. ~NIS 95 million in the corresponding quarter last year
- The company announced a dividend distribution of ~NIS 75 million for Q4 profits, bringing total 2025 dividends to NIS 250 million
Kobi Haber, CEO of IDI Insurance:
IDI Insurance closes another year with healthy growth, customer-base expansion and continued improvement across all segments — thanks to the implementation of strategic moves we have been leading consistently and successfully in recent years. The company’s growth continued in Q4 2025, thanks to our professional teams, broad data and high technological capabilities — while strengthening all distribution channels and maintaining strict underwriting policy and differential pricing. I am proud that in 2025 we continued to lead the motor property line in market share and grew the policy count. Alongside growth in the auto segment, we also presented growth and meaningful contribution from life and health insurance, strengthening the healthy diversification of profit sources. This growth is supported by an increase in premiums and customer counts in home, life and health, alongside continued improvement in key business parameters. IDI Insurance will continue to expand activity by strengthening growth across all core operations, developing new financial products, and deepening activity in health and overseas travel. We will continue to place AI technologies at the core of innovation and future growth, will keep improving customer service and will persist in strengthening distribution channels and expanding our customer book.
Full-year 2025 highlights (IFRS 17 terms):
- Gross premiums in 2025: Totaled ~NIS 3.845 billion vs. ~NIS 3.752 billion in the corresponding period last year — growth of ~2%. Gross premiums excluding the Hashcal tender effect totaled ~NIS 3.709 billion and grew by ~5% YoY. These balances exclude a gross-premium reduction in the reported year due to updated provisions for legal proceedings of ~NIS 26 million (~NIS 25 million in the cumulative prior period). The growth excluding Hashcal is driven by an increase in activity across all lines — primarily growth in customer counts and coverages per customer — despite the price cut in motor property.
- Gross premiums — general insurance — in 2025: Totaled ~NIS 3.161 billion vs. ~NIS 3.109 billion in the prior period — ~2% growth. Excluding Hashcal, totaled ~NIS 3.025 billion and grew by ~4% YoY. Growth is driven mainly by increased customer counts, despite the decline in motor property tariffs.
- Gross premiums — life insurance — in 2025: Totaled ~NIS 373.2 million vs. ~NIS 357 million in the prior period — ~5% growth.
- Gross premiums — health insurance — in 2025: Totaled ~NIS 311.2 million vs. ~NIS 286 million in the prior period — ~9% growth. The growth stems from critical illness, medical expenses and travel products; offset by a business decision to sell minimal volumes of the new personal-accident product following the regulator’s reform.
- Net investment income (incl. other comprehensive income and finance income) in 2025: Totaled ~NIS 296.8 million vs. ~NIS 250.5 million in the prior period. Of which, gains not attributed to participating policies totaled ~NIS 258.1 million in 2025 vs. ~NIS 222.1 million in the prior period — driven mainly by growth in the company’s investment portfolio.
- Net finance expenses from insurance contracts in 2025: Totaled ~NIS 77.6 million vs. ~NIS 79.3 million in the prior period. The change is mainly due to the effect of the change in the interest-rate curve on insurance assets and liabilities and the change in the index.
- Profit from insurance services net of operating expenses (incl. actuarial gains from defined-benefit plan) — by segment — in 2025: Totaled ~NIS 450 million vs. ~NIS 341.1 million in the corresponding quarter last year — ~32% growth. This is after a provision for legal proceedings of ~NIS 53 million vs. ~NIS 34 million last year.
- Comprehensive income before tax — general insurance — in 2025: Totaled ~NIS 283.2 million vs. ~NIS 251.2 million in the prior period — ~13% growth. Impacted by provisions for legal proceedings of ~NIS 52 million in the reported year vs. ~NIS 32 million last year. Excluding this effect, general-insurance comprehensive income grew ~18% in 2025, driven by growth in profit from insurance services in all lines except compulsory motor and an increase in investment income.
- Comprehensive income before tax — life insurance and long-term savings — in 2025: Totaled ~NIS 135.2 million vs. ~NIS 53.2 million in the prior period — ~154% growth.
- Comprehensive income before tax — health insurance — in 2025: Totaled ~NIS 104.4 million vs. ~NIS 75.3 million in the prior period — ~39% growth, driven by improvement in profit from insurance services and the effect of the change in finance expenses.
- Comprehensive income in 2025: Totaled ~NIS 381.1 million vs. ~NIS 305.9 million in the prior period — ~25% growth. Despite an exceptional ~NIS 53 million pre-tax (~NIS 35 million after tax) update to legal provisions vs. ~NIS 33 million pre-tax (~NIS 22 million after tax) in the prior period. Excluding those provisions, comprehensive income totaled ~NIS 416 million vs. ~NIS 328 million last year.
Q4 2025 highlights (IFRS 17 terms):
- Gross premiums in Q4: Totaled ~NIS 807.5 million vs. ~NIS 795.5 million in the corresponding quarter — ~2% growth. Excluding Hashcal tender effect: ~NIS 806.9 million, ~2% growth YoY.
- Gross premiums — general insurance — in Q4: Totaled ~NIS 634 million vs. ~NIS 631.5 million in the corresponding quarter. Excluding Hashcal: ~NIS 633.4 million.
- Gross premiums — life insurance — in Q4: Totaled ~NIS 95 million vs. ~NIS 90.8 million in the corresponding quarter — ~5% growth.
- Gross premiums — health insurance — in Q4: Totaled ~NIS 78.5 million vs. ~NIS 73.2 million in the corresponding quarter — ~7% growth.
- Net investment income (incl. other comprehensive income and finance income) in Q4: Totaled ~NIS 82.1 million vs. ~NIS 73.6 million in the corresponding quarter.
- Net finance expenses from insurance contracts in Q4: Totaled ~NIS 1.1 million vs. income of ~NIS 18.9 million in the corresponding quarter. The change is mainly due to changes in the interest-rate curve.
- Profit from insurance services net of operating expenses (incl. actuarial gains) — by segment — in Q4: Totaled ~NIS 108.7 million vs. ~NIS 69.3 million in the corresponding quarter — ~57% growth.
- Comprehensive income before tax — general insurance — in Q4: Totaled ~NIS 87.2 million vs. ~NIS 58.9 million in the corresponding quarter — ~48% growth. Impacted by legal provisions of ~NIS 4 million in Q4 vs. ~NIS 24 million last year. Excluding the effect, general-insurance comprehensive income grew ~10% in Q4.
- Comprehensive income before tax — life insurance and long-term savings — in Q4: Totaled ~NIS 39.2 million vs. ~NIS 24.9 million in the corresponding quarter.
- Comprehensive income before tax — health insurance — in Q4: Totaled ~NIS 20.1 million vs. ~NIS 29.7 million in the corresponding quarter.
- Comprehensive income in Q4: Totaled ~NIS 106.2 million vs. ~NIS 95.4 million in the corresponding quarter — ~11% growth.
Dividend
On March 25, 2026, the board of directors approved a dividend distribution of ~NIS 75 million, joining ~NIS 175 million in dividends distributed for the first nine months of 2025. Together, they represent ~66% of 2025 profits, based on the company’s capital management plan.
Solvency
Per the Insurance Authority’s requirements, the company recorded a high solvency ratio of ~133% as of June 30, 2025.
Return on equity
In Q4 the company posted a return on equity of ~34% on an annualized basis. In 2025 the company posted a return on equity of ~32%.
About the company
IDI Insurance Ltd. (“IDI” / “Direct Insurance”), pioneer of direct insurance in Israel, has been operating for over 30 years and is the largest and leading company in its field. The company is held ~40.6% by Direct Insurance — Financial Investments and the controlling shareholders, with the majority held by the public. The company operates on a differential pricing model that scores each consumer based on their individual data. This advantage — combined with advanced technology infrastructure and operational efficiency — allows the company to offer competitive prices and high service quality. The company offers a wide range of insurance services including auto, home, health, travel, mortgage insurance, savings policies, small business and life insurance.
