Harel

Tidhar, Harel, and Delek completed a 200 million NIS land purification project in Acre spanning 430 dunams, preparing a major industrial and defense hub for 2027 occupancy.

Harel Insurance is establishing a new securities trading operation and has applied for Tel Aviv Stock Exchange membership, challenging traditional bank dominance amid a surge in retail investing.

Phoenix Insurance will pay 74 million shekels in a class-action settlement approved by the Tel Aviv District Court for unlawfully withholding statutory interest on delayed payouts.

Harel CEO Nir Cohen exercised 60,000 options to net 3.94 million shekels as the insurance group's stock skyrocketed. Meanwhile, the controlling Hamburger family cashed out 1.65 billion shekels in shares amid a massive 678% market surge.

A 79-year-old resident of Givatayim has filed a 129,735 NIS lawsuit against Harel Insurance in Herzliya. The company rejected his long-term care claim based on covert surveillance, ignoring its own doctor's findings.

Insurance company Harel has filed a 6.4 million shekel lawsuit against logistics firm DSV. Due to a warehouse employee's error, a shipment of high-value medicine requiring 2–8°C storage was left in improper conditions for seven days and subsequently destroyed.

Alongside a net profit of approximately 1.02 billion shekels in the second quarter, Harel CEO Nir Cohen chose to conclude the investor call with a different achievement. Cohen took pride in the fact that Harel is the only insurance and finance company to have entered the Globes brand index. "It is not just a matter of recognition, but to what extent the customer trusts and values the brand - this...

Insurance giant Harel reported a 30% increase in second-quarter profit, totaling 1 billion shekels. Growth was fueled by investment gains and a 68% surge in asset management and credit operations. The company is shifting to a quarterly dividend distribution policy.

Harel Insurance ended the second quarter with a total profit of 1.02 billion shekels, a 30% increase compared to the same period last year. Following these strong results, the company announced a dividend distribution of 400 million shekels.

Harel is seeking to expand its activity in the hedge fund sector through the acquisition of a management entity. The group is in talks to acquire shares in the management company of the Tulip hedge fund at a valuation of approximately 40 million shekels.

A 71-year-old insured person is suing the insurance company Harel, after it recognized him as a nursing care patient based on its own doctor's examination, but shortly thereafter canceled his eligibility following a covert investigation.

A shareholder of Harel has filed a derivative lawsuit alleging that controlling shareholders used the company's office tower to memorialize their parents without providing compensation. The motion claims this constitutes an unauthorized interested party transaction.