Clal biggest insurance dealer

In terms of asset ownership, Migdal headed the list, with NIS 50.8b. in its portfolio, accounting for about 28 percent of total assets held by the country's insurance companies.

By DANIEL KENNEMER
May 25, 2006 07:06
clal insurance logo 88

clal insurance logo 88. (photo credit: )

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Clal Insurance, owned by Nochi Dankner's IDB group, leads Business Data Israel's 2006 list of insurance companies, with a NIS 7 billion sales volume, the research firm said Wednesday. Migdal followed with NIS 6.3b. in sales, ahead of Harel (NIS 5.5b.), Phoenix (NIS 4.5b.), Menora (NIS 3.2b.) and Ayalon (NIS 1.3b.). In terms of asset ownership, Migdal headed the list, with NIS 50.8b. in its portfolio, accounting for about 28 percent of total assets held by the country's insurance companies, which grew 15% in 2005. Total profits from the insurance business grew 17% to NIS 3.7b., about 56% of which came from life insurance and the remainder from general insurance, BDI said.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS