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Migdal Insurance and Financial Holdings MGDL.TA · ILA

Financials · Tel Aviv · 🇮🇱 Israel

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1,659.00

+4.27%

Close of 6 Nov 2026, in ILA

About Migdal Insurance and Financial Holdings

Its shares trade on Tel Aviv under the ticker MGDL.TA. It has been listed since 1 January 1997. In the fiscal year to 31 December 2024, it reported net income of ILS 608.2m. At that date it held total assets of ILS 219.64bn and shareholders' equity of ILS 9.54bn.

Migdal Insurance & Financial Holdings Ltd. engages in the provision of financial services. The firm insures private and corporate clients with a range of products, services and insurance solutions. The firm offers life assurance, provident funds management, pension funds management, general insurance and health insurance. The company is also engaged in various general insurances, such as motorcar insurance, homeowners and personal accidents and corporate insurance for businesses. In addition, the Corporate Risk Districts segment targets solutions such as professional liability insurance, doctrinal and organizational liability, as well as property, third-party and employers liability. Along with these activities, the Company is also involved in the financial services and financial assets management sector. On October 29, 2012, Eliahu Insurance Company Ltd acquired 69.13% stake in the Company.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Insurance
Listed since
1 Jan 1997
Employees
4,592

Leadership

Pay as last reported

  • Prof. Amir BarneaChairman of the Board, since 2002
  • Mr. Ronen AgassiChief Executive Officer
  • Mr. Eli BerglasDeputy Chief Executive Officer, Head of Actuary
  • Mr. David GileadDeputy Chief Executive Officer, Risk Manager
  • Ms. Michal Gur- KaganDeputy Chief Executive Officer, Head of Long Term Savings & Health Division
  • Mr. Noam HauslichDeputy Chief Executive Officer, Legal Counsel & Enforcement Officer
  • Ms. Sigal KleinsternDeputy Chief Executive Officer, Head of Human Resource Division
  • Ms. Adva MeiriDeputy Chief Executive Officer, Head of General Insurance & Reinsurance Division
  • Mr. Erez MigdaliDeputy Chief Executive Officer, Head of Investment Division
  • Mr. Moshe MorgensternDeputy Chief Executive Officer, Head of Technology Division
  • Ms. Ron RegevDeputy Chief Executive Officer, Head of Long-Term Savings & Health Operation Division
  • Mr. David SabanDeputy Chief Executive Officer, Head of Financial & Resources Division

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Migdal Insurance provides comprehensive life assurance and pension funds management services to private and corporate clients.
  • Migdal Insurance offers diverse general insurance products including motorcar, homeowners, and personal accident coverage.
  • Migdal Insurance manages a significant 69.13% stake in Eliahu Insurance Company Ltd since 2012.

Weaknesses

  • Migdal Insurance has 4592 employees which may increase operational costs significantly.
  • Migdal Insurance operates primarily in Israel with limited international market presence.
  • Migdal Insurance's business model relies heavily on traditional insurance products without digital innovation.

Opportunities

  • Migdal Insurance can expand its corporate risk solutions in the growing Israeli business sector.
  • Migdal Insurance can leverage its 69.13% stake in Eliahu Insurance to enhance market share.
  • Migdal Insurance can develop digital insurance platforms to meet evolving customer demands.

Threats

  • Migdal Insurance faces increasing competition from international insurers entering the Israeli market.
  • Migdal Insurance must comply with evolving Israeli financial regulations affecting insurance operations.
  • Migdal Insurance's reliance on traditional insurance products may lead to market saturation.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.