Harel Insurance Investments & Financial Services Ltd

Tel Aviv Stock Exchange HARL.TA

Harel Insurance Investments & Financial Services Ltd Goodwill for the year ending December 31, 2023: USD 293.04 M

Harel Insurance Investments & Financial Services Ltd Goodwill is USD 293.04 M for the year ending December 31, 2023, a 1.80% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.
  • Harel Insurance Investments & Financial Services Ltd Goodwill for the year ending December 31, 2022 was USD 287.86 M, a -11.52% change year over year.
  • Harel Insurance Investments & Financial Services Ltd Goodwill for the year ending December 31, 2021 was USD 325.36 M, a 9.54% change year over year.
  • Harel Insurance Investments & Financial Services Ltd Goodwill for the year ending December 31, 2020 was USD 297.02 M, a 6.49% change year over year.
  • Harel Insurance Investments & Financial Services Ltd Goodwill for the year ending December 31, 2019 was USD 278.92 M, a 96.64% change year over year.
Key data
Date Goodwill Total Assets Current Liabilities Total Non-Current Liabilities
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Tel Aviv Stock Exchange: HARL.TA

Harel Insurance Investments & Financial Services Ltd

CEO Mr. Michel Siboni
IPO Date Aug. 12, 2002
Location Israel
Headquarters 3 Abba Hillel Street
Employees 5,158
Sector Finance
Industries
Description

Harel Insurance Investments & Financial Services Ltd offers insurance and financial services in Israel, the United States, and Western Europe. The company operates through five segments: Life Assurance and Long-Term Savings, Health Insurance, Non-life insurance, Insurance Companies Overseas, and Capital Market and Financial Services. It offers various classes of life insurance products, which provide coverage for risks, such as death, disability, work disability, and critical illness; and long-term saving products, as well as manages pension and provident funds. The company also provides health insurance that provides coverage for illness and hospitalization, and personal accident; travel insurance, insurance for foreign workers, and insurance for tourists; and dental insurance for conservative, periodontal, orthodontic, and oral rehabilitation treatments. In addition, it offers motor property insurance; professional liability insurance for investment consultants, portfolio managers, attorneys, engineers, architects, and accountants; insurance for clinical trials; directors and officers liability insurance; liability insurance for defective products; cyber insurance; third-party liability insurance; employers' liability insurance; and credit insurance for mortgages. Further, it provides fire and theft, homeowners, terrorism, cash in transit, goods in transit, electronic equipment, agricultural, mechanical engineering equipment, mechanical failure, and homebuyers insurance products as well as insurance for building work and various projects by contractors. Additionally, it manages mutual funds and investment portfolios; and offers certificates of deposit and private equity funds. The company was founded in 1933 and is based in Ramat Gan, Israel.

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StockViz Staff

January 15, 2025

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