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Author: Editorial
Q1 2025 Earnings Season Wrap-Up: IFRS 17 Boosted the Profits of Israel’s Leading Insurance Companies
The transition to IFRS 17 couldn’t have come at a better time for Israel’s insurance industry — a strong capital market and high underwriting profitability across…
A motion for class action certification has been filed against The Phoenix, alleging unilateral breach of the terms of the standard insurance policy. This pertains to…
Ayalon Insurance and Finance announced that it will continue to allow its health insurance customers to switch from supplementary health coverage (Shaban) to First Shekel coverage…
The digital insurance company Libra reported a comprehensive net profit of 16.5 million Shekels in the first quarter of 2025, compared to approximately 12.5 million Shekels…
Shlomo Insurance recorded a comprehensive post-tax profit of 45.5 million Shekels in the first quarter of 2025, an increase of 4% compared to a profit of…
Shmuel Zaken, Head of Property Insurance at the Capital Market Authority, stated during a session of the Special Committee for the Strengthening and Development of the…
The standard health insurance policy established by the Capital Market Authority has created a suboptimal product – it’s too good for most of the public, and…
Harel Travel Insurance is launching and expanding its payment options by integrating with the Bit app. Starting in May, customers purchasing travel insurance abroad can pay…
Leaders of Israel’s insurance industry awarded the Insurance Industry Lifetime Achievement Award to Adv. Yossi Halevy, legal advisor to the Association of Insurance Companies and the…
Barak Kirshenboim has been appointed Chief Sales Officer for the Long-Term Savings, Risk, and Finance division at The Phoenix. According to the company, in his new…