Assets

Alongside strong financial reports, the insurance company Menora Mivtachim is the first to officially raise its targets. The company earned 785 million shekels in the second quarter with a return on equity of 34%, higher than other insurance companies. It projects assets under management of 750 billion shekels by 2030, a 73% jump compared to the end of last year, a similar jump in profit to 3...

Thanks to automatic deposits, market rallies and strong operating leverage, the five largest investment houses recorded a 52% jump in aggregate net profit to 651 million shekels. Meitav and IBI lead thanks to independent trading activities and services for the high-tech sector, while Altshuler Shaham remains far behind.

A couple signed a prenuptial agreement establishing separation of property. The wife later sought to cancel it after discovering her husband had concealed assets. The court issued a ruling and provided guidance on how to protect against asset concealment in marital agreements.

The District Court accepted the appeal of a woman who claimed that her husband hid joint assets worth millions of shekels by registering them in his mother's name, and returned the case for an in-depth factual investigation.