Migdal Insurance & Financial Holdings Limited operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Migdal Insurance & Financial Holdings Limited with three other
companies in this sector in Israel:
Menora Mivtachim Holdings Ltd
sales of 7.44 billion Israel Shekels [US$1.93 billion]
of which 53%
was Life Insurance),
Harel Insurance Investments & Financial Services Ltd
(13.30 billion Israel Shekels [US$3.45 billion]
of which 48%
was Life Insurance), and
Phoenix Hldgs Ltd
(11.51 billion Israel Shekels [US$2.98 billion]
of which 61%
was Life Insurance).
Migdal Insurance & Financial Holdings Limited reported sales of 15.43 billion Israel Shekels (US$4.00 billion)
December of 2015.
decrease of 8.7%
versus 2014, when the company's sales were 16.90 billion Israel Shekels.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Migdal Insurance & Financial Holdings Limited had sales
of 16.30 billion Israel Shekels.
Contributing to the drop in overall sales was the 12.5% decline
in Life Insuance, from 13.69 billion Israel Shekels to 11.98 billion Israel Shekels.
There were also decreases in sales in
Other (down 2.3% to 341.32 million Israel Shekels)
Financial Services (down 2.0% to 205.34 million Israel Shekels)
However, these declines were partially offset by the increase in sales of
General Insurance (up 4.4% to 1.84 billion Israel Shekels)
Health (up 11.3% to 1.04 billion Israel Shekels)
Unallocated (up 12.2% to 236.68 million Israel Shekels)