Economy · Full coverage
Menora Mivtachim Sets Ambitious Targets with 73% Asset Growth by 2030
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Calcalist · 1 hour ago
What happened
Menora Mivtachim reported a 9.6% profit increase in Q2 2026 and set new targets to grow assets by 73% to 750 billion shekels by 2030. The insurer maintains the highest ROE among major Israeli insurers and plans to diversify profit sources while reducing capital market dependence. It declared a 500 million shekel dividend following strong half-year results.
- 01Menora Mivtachim’s Q2 2026 profit rose 9.6% to 785 million shekels.
- 02Managed assets grew 17% to 472 billion shekels by Q2 2026.
- 03The company targets 750 billion shekels in assets by 2030, a 73% increase.
- 04Menora aims to keep ROE above 20% and adjusted profit at 3 billion shekels by 2030.
- 05Core insurance profit share will decrease to 76%, with other activities rising to 24%.
- 06Menora declared a 500 million shekel dividend after strong half-year results.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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