Menora Mivtachim Holdings Ltd operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Menora Mivtachim Holdings Ltd with three other
companies in this sector in Israel:
Harel Insurance Investments & Financial Services Ltd
sales of 14.68 billion Israel Shekels [US$4.13 billion]
of which 44%
was Life Insurance & Long Term Savings),
Phoenix Hldgs Ltd
(11.51 billion Israel Shekels [US$3.24 billion]
of which 56%
was Life Insurance & LT Savings), and
Idi Insurance Company Ltd
(2.41 billion Israel Shekels [US$678.49 million]
of which 78%
was General Insurance).
During the year ended December of 2018, sales at
Menora Mivtachim Holdings Ltd were 8.45 billion Israel Shekels (US$2.38 billion).
decrease of 15.6%
versus 2017, when the company's sales were 10.02 billion Israel Shekels.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Menora Mivtachim Holdings Ltd had sales
of 7.91 billion Israel Shekels.
Contributing to the drop in overall sales was the 39.4% decline
in Unallocated, from 297.79 million Israel Shekels to 180.36 million Israel Shekels.
There were also decreases in sales in
Life Insurance and Lt Savings (down 25.2% to 4.55 billion Israel Shekels)
General Insurance (down 2.9% to 2.99 billion Israel Shekels)
However, these declines were partially offset by the increase in sales of
Health Insurance (up 26.8% to 790.89 million Israel Shekels)