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:
Phoenix Hldgs Ltd
sales of 11.51 billion Israel Shekels [US$3.31 billion]
of which 56%
was Life Insurance & LT Savings),
Menora Mivtachim Holdings Ltd
(8.45 billion Israel Shekels [US$2.43 billion]
of which 54%
was Life Insurance & LT Savings), and
Harel Insurance Investments & Financial Services Ltd
(14.68 billion Israel Shekels [US$4.22 billion]
of which 44%
was Life Insurance & Long Term Savings).
Migdal Insurance & Financial Holdings Limited reported sales of 15.67 billion Israel Shekels (US$4.51 billion)
December of 2018.
decrease of 34.7%
versus 2017, when the company's sales were 24.00 billion Israel Shekels.
Contributing to the drop in overall sales was the 40.7% decline
in Life Insurance and Long Term Savings, from 19.73 billion Israel Shekels to 11.70 billion Israel Shekels.
There were also decreases in sales in
Health (down 0.5% to 1.44 billion Israel Shekels)
Financial Services (down 7.5% to 159.18 million Israel Shekels)
Unallocated (down 20.5% to 194.38 million Israel Shekels)
However, these declines were partially offset by the increase in sales of
General Insurance (up 2.6% to 2.17 billion Israel Shekels)
Other (up 1.1% to 377.93 million Israel Shekels)