After rising around 190% of its part of its past twenty months, and 98% for Company Company Company (Tase: Tase: Harl) for NIS 200 million. The seller is the hamburger family, the controlary shareholder of the harer, whose stake in the company falls at 45.3%.
As perceived, the Hamburger family, which at the end of 2024 sold 2.5% of the holer in financial institutions for NIS 250 million, not in the plan to sell several parts. Is the insurance sector further to rise? At least clal insurance apparently believes it is done.
Today, after announcement of the agreement through CLAL Insurance, Stock Stocks increases Tel Aviv Stock Exchange, and the sector index is at 2%. The entire sector continues to benefit from the sharp rise in the local stock market last year. Insurance companies are one of the main beneficiaries of an increase in the market for many reasons. The first is that they are a choice in the market itself, because they have gained their ports in Nostro, which are, the securities they hold the percentages of their customers with their customers.
In addition, the new standard accounting IFRS 17 means that insurance companies can identify future profits in different insurance categories earlier, which exacerbate their results. They also benefit from increasing premiums, especially for car insurance, in recent years.
Many purchases through insurance companies in parts of other sector companies are rare, because they have already invested in each other. Without permission from capital markets, storage authority and storage, an insurance company will not be allowed to hold more than 5% of another insurance company. With special approval, the limit is 7.5%.
In the late 2024, Shlomo Eliahu, SHLOMA SHAREHOLDER IN MIGHTAL INSURANCE AND FINANCIAL HOLDINGS (MGDL) A purchase option of additional 612% for NIS 420 million.
Institutions using the option at the end of June this year. In the middle of the past year, Eliahu sold the Migdal Share to Altshuler Shahaham to 164 million, within a year of 48.6%, within a year of 48.6%, in exchange for a total of 1 billion.
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Previously, the controlled shareholders of Phoinix Holdings, US Private Equity First Gally Point and Centerbridge, sold many profits, before the sector before the sector. If they wait, their profit is higher.
Published in Globes, Israel News in News – en.globes.co.il – On July 23, 2025.
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