Global accounting giant KPMG has released its annual pension report, which shows a growing trend of transferring pension savings from insurance companies to pension funds. The…
Alongside the accelerated growth of insurance companies in 2024 across all sectors, the transition to the new IFRS 17 accounting standard is expected to enhance profitability…
Fueled by the general insurance sector, the industry’s profitability reached approximately 6 billion Shekels, doubling return on equity, with investment gains contributing primarily in Q4. This…