Phoenix Hldgs Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Phoenix Hldgs Ltd with three other
companies in this sector in Israel:
Harel Insurance Investments & Financial Services Ltd
sales of 14.68 billion Israel Shekels [US$4.23 billion]
of which 44%
was Life Insurance & Long Term Savings),
Migdal Insurance & Financial Holdings Limited
(15.67 billion Israel Shekels [US$4.52 billion]
of which 75%
was Life Insurance & Long Term Savings), and
Menora Mivtachim Holdings Ltd
(8.45 billion Israel Shekels [US$2.44 billion]
of which 54%
was Life Insurance & LT Savings).
Phoenix Hldgs Ltd reported sales of 11.51 billion Israel Shekels (US$3.32 billion)
December of 2018.
decrease of 25.5%
versus 2017, when the company's sales were 15.45 billion Israel Shekels.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Phoenix Hldgs Ltd had sales
of 12.73 billion Israel Shekels.
Contributing to the drop in overall sales was the 42.9% decline
in Unallocated, from 202.92 million Israel Shekels to 115.94 million Israel Shekels.
There were also decreases in sales in
Life Insurance and Lt Savings (down 37.8% to 6.43 billion Israel Shekels)
General Insurance (down 0.6% to 2.31 billion Israel Shekels)
Financial Services (down 13.7% to 257.86 million Israel Shekels)
Other (down 5.3% to 483.16 million Israel Shekels)
However, these declines were partially offset by the increase in sales of
Health Insurance (up 5.7% to 2.05 billion Israel Shekels)