Company Profile For Migdal Insurance & Financial Holdings Ltd

Migdal Insurance & Financial Holdings Ltd. is an Israel-based insurance company. The Company insures approximately 800,000 private and corporate clients with a range of products, services and insurance solutions. Products include life assurance, provident funds management, pension funds management, general insurance and health insurance. It also engages in various general insurances, such as motorcar insurance, homeowners and personal accidents and corporate insurance for businesses. In addition, the Corporate Risk Districts segment targets solutions such as professional liability insurance, doctrinal and organizational liability, as well as property, third-party and employers liability. Along with these activities, the Company is also involved in the financial services and financial assets management sector.

BRIEF: For the six months ended 30 June 2009, Migdal Insurance & Financial Holdings Ltd.'s total revenues totaled NIS9.57B, up from NIS4.4B. Net income totaled NIS279.6M, up from NIS122.6M. Revenues reflect a sharp increase in investments as well as higher management fees, commissions and the presence of miscellaneous income. Net income reflects a decrease in financing expenses. "Migdal" insures approximately 800,000 private and corporate clients.