Clal Insurance
Clal Insurance Enterprises Holdings Ltd. operates in the fields of insurance, pensions, provident funds and finance, and credit insurance in Israel. Based in Tel Aviv-Yafo.
Clal Insurance: net income up (+11.4%), insurance result sharply up (+35.1%), management fee income up (+12.6%).
- Net income upH1 2026
Net income (attributable to shareholders): ₪1,054M, vs. ₪946M a year earlier, i.e. +11.4%.
- Insurance result sharply upH1 2026
Insurance service result: ₪782M, vs. ₪579M a year earlier, i.e. +35.1%.
- Management fee income upH1 2026
Management fee income: ₪465M, vs. ₪413M a year earlier, i.e. +12.6%.
- Equity sharply upH1 2026
Equity: ₪11,633M, vs. ₪9,571M a year earlier, i.e. +21.5%.
Sector indicators
Solvency ratio: taken from the company's report at its next publication.
What the market pays, vs. the sector
This company's valuation multiples history is being built day by day from now on.
P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the Israeli insurers group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.
Dividend per share, over 5 years
Total dividends per share paid each calendar year (2 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.
Trades by executives and interested parties
8 filing(s) over 12 months · on shares: 2 increase(s) and 5 decrease(s) in holdings.
| Date | Holder | Security | Direction | Quantity | Price | |
|---|---|---|---|---|---|---|
| 18/09/2026 | Yoram Naveh Director | Shares | Down | 881 | — | Maya › |
| 07/08/2026 | Benski Barak Executive | Options | Down | 18,334 | — | Maya › |
| 28/06/2026 | Biran Dror Executive | Shares | Down | 28,867 | — | Maya › |
| 21/06/2026 | Dotan Sagit Executive | Shares | Up | 1,868 | — | Maya › |
| 18/06/2026 | Yoram Naveh Director | Shares | Down | 881 | — | Maya › |
| 18/03/2026 | Yoram Naveh Director | Shares | Down | 881 | — | Maya › |
| 21/12/2025 | Yoram Naveh Director | Shares | Down | 881 | — | Maya › |
| 19/11/2025 | Yoram Naveh Director | Shares | Up | 10,572 | — | Maya › |
Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.
P/E ranking
Clal Insurance is 5e Out of 5: one of the lowest P/Es in the group.
- 1
Phoenix Financial13.0 - 2
Menora Mivtachim12.4 - 3
Harel11.3 - 4
Migdal Insurance9.7 - 5Clal Insurance8.9
P/E = market cap / net income over the last 12 months: how many years of earnings the market pays today. From highest to lowest; group median: 11.3. A high or low P/E alone does not say whether a share is expensive.
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Financial summary
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Total assets | 195,869 | 178,973 | 188,358 |
| Investments for unit-linked contracts | 100,795 | 92,949 | 97,717 |
| Other financial investments | 46,399 | 42,870 | 44,396 |
| Assets for unit-linked contracts | 109,860 | 101,936 | 106,032 |
| Equity | 11,633 | 9,571 | 10,913 |
| of which minority interests | 91 | 81 | 86 |
| Investment contract liabilities | 15,405 | 12,670 | 13,575 |
| Insurance contract liabilities | 131,591 | 125,129 | 128,933 |
| Insurance service result | 782 | 579 | 1,298 |
| Net investment income | 8,773 | 8,229 | 17,776 |
| Net finance income | 839 | 886 | 2,137 |
| Net insurance and investment result | 1,621 | 1,465 | 3,435 |
| Management fee income | 465 | 413 | 850 |
| Other operating expenses | 979 | 786 | 1,766 |
| Pre-tax income | 1,587 | 1,433 | 3,389 |
| Net income | 1,059 | 951 | 2,285 |
| Net income (attributable to shareholders) | 1,054 | 946 | 2,278 |
| Dividends paid | −400 | −200 | −200 |
| Operating cash flow | 391 | 823 | 2,513 |
In millions of shekels. The "H1" columns cover the first six months of the year.
Calculated from these figures
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Return on equity (annualized) | 18.3% | 19.9% | 21.0% |
| Equity / total assets | 5.9% | 5.3% | 5.8% |
The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page.
Company overview
Clal Insurance Enterprises Holdings Ltd. operates in the fields of insurance, pensions, provident funds and finance, and credit insurance in Israel. The company's Long-Term Savings segment includes life insurance and related coverages; and management of pension and provident funds, and long-term savings, as well as insurance coverage for various risks, such as death, disability, loss of working capacity, and health insurance policies. Its Health Insurance segment provides long-term care, medical expense, surgeries, transplants, personal accidents, foreign travel, dental, foreign worker, and other insurance products. The company's General insurance segment comprises liability and property sectors, credit insurance, personal accidents, and others. This segment also provides mandatory vehicle that focuses on coverage, the purchase of which by the vehicle owner or driver is mandatory, in respect of bodily injury caused as a result of the use of a motor vehicle; vehicle property that covers property damage to the policyholder's vehicle and third-party property damage caused by the insured vehicle; property and other insurance products; credit insurance and foreign trade risk insurance products; and third-party, employers', professional, and product liability insurance products.
Source: official company profile (Yahoo Finance), summary. Website: www.clalbit.co.il
- Maya, Tel Aviv Stock Exchange: company page and reports