Israel
Migdal Group, founded in 1934, is the leading insurance and finance company in Israel. With a long-standing reputation, the company serves approximately 2.3 million individual and business clients, offering a diverse range of insurance, pension, and financial asset management services.
The company operates through its subsidiaries, Migdal Insurance for insurance services, and Migdal Makefet and Yozma for pension and provident fund activities. Additionally, Migdal Financial Holdings extends its reach to financial services such as asset management, fund management, and investment marketing, enhancing its market position. Ownership is divided between Eliahu Holdings 1959 Ltd. with approximately 68.46% and the public with 31.54%.
Migdal Group boasts a financial strength rating of 1Aa by Midroog Ltd., underscoring its leadership in life insurance and long-term savings, operational efficiency, diversified business mix, robust capital surplus, and strong brand reputation.
