Profit

'In a year, we will be in a whole new world': Bank of Israel official's forecast

Banking Supervisor Hahiashvili tells Maariv bank profit taxes are unjustified, calls to lift salary caps and allow banks to enter insurance.

|ByYEHUDA SHARONI
Bank of Israel.
Shimon Meron.

Near triple-digit profit: The insurance companies that saw success in Q2 2026

Major and smaller insurance companies reported excellent Q2 2026 results, driven by core business growth and strong underwriting performance.

|ByYEHUDA SHARONI
A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.

Insurance companies' profits surged this quarter to NIS 2.85 Billion

Phoenix and Menora Mivtachim led a 20% Q2 profit surge to NIS 2.85B across Israel's top insurers, prompting raised business targets and major dividend payouts.

|ByYEHUDA SHARONI