Clal Insurance Enterprises Holdings Ltd
- Line of Business: Financial Services, including Long Term Savings, Non-Life Insurance, Health Insurance and Credit Financing
- Established 1987
The Clal Insurance Enterprises Holdings Ltd. Group is part of the IDB Group. The IDB Group owns 56% of its shares, while Bank Hapoalim holds 10%, with the rest held by the public at large. Clal's shares are traded on the Tel Aviv stock Exchange The Clal Group holds a 24% share of the insurance market and manages tens of billions of Shekel-denominated assets.
Clal Insurance Enterprises Holdings ("Clal") is rated A+ by Standard & Poor's Maalot. The group owns insurance companies, insurance agencies, pension funds, provident funds, advanced training funds, loan companies and financial asset management companies. The group, which is active in Israel and abroad, has more than 3,500 employees and works with 2,000 insurance agents. All these activities place Clal as Israel's leading insurance, pension, and financial services group.
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