Harel Insurance

Five insurance companies in Israel will pay 310.7 million NIS to settle a 13-year class-action lawsuit over interest calculations on delayed policy payouts.

The 4 billion shekels acquisition deal of credit card company Cal has collapsed after the Israel Competition Authority imposed strict conditions regarding Super-Pharm.

Harel Insurance Group announced a 10,000 shekel bonus for employees following a strong quarter featuring a 30% profit surge to 1 billion shekels. The company also shifted to a quarterly dividend policy after its stock surged over 65%.

A Psagot review highlights a strong US labor market with 162,000 jobs added in August, while Israel faces a paradox of rising average wages to 15,218 NIS alongside slowing credit card consumption.

Adva Tzmicha investment fund invests 500,000 NIS in MOLET to expand its wooden pallet upcycling business to northern Israel and the Western Negev. The fund's founder, Edward Mizrahi, focuses on peripheral growth.

Harel Insurance has increased its stake in Shikun & Binui to 8.43% after acquiring 17.91 million shares for 320 million NIS in an off-market transaction completed on September 3, 2026.

Menora Mivtachim led Israel's investment-linked savings market in August with a 1.38% return in the general track. However, Clal Insurance maintains its long-term dominance, leading year-to-date with an 8% return.

An 80-year-old IDF veteran, suffering from cancer and functional decline, is suing Harel for approximately 119,000 shekels. He claims his nursing claim was rejected without a home visit by a medical expert, relying instead on surveillance by a private investigator. Harel stated they will respond in court.