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May 2009. Migdal Insurance and Financial Holdings Ltd. Financial results 1-3/2009. Migdal Holdings - Comprehensive income in NIS millions. 306. (56). (369). Migdal Holdings - net profit including the change in variable management fees that will not be collected In NIS millions. 508.
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May 2009 Migdal Insurance and Financial Holdings Ltd.Financial results 1-3/2009
Migdal Holdings - Comprehensive incomein NIS millions 306 (56) (369)
Migdal Holdings - net profit including the change in variable management fees that will not be collected In NIS millions 508 154 (215) (417) (527)
Migdal Holdings - Long term savings Sources of income before tax, in NIS millions *Not including the change in capital reserves and the change in variable management fees that will not be collectedin the future
Migdal Holdings - Long Term Savings - Sources of Profit Before Tax, in NIS Millions
Migdal Holdings - change in capital attributed to Company’s shareholders 1-3/2009, in NIS millions
Migdal Insurance - change in capital and capital requirements 1-3/2009, in NIS millions
Agents Migdal Customers Direct customers Employers Advisors Organizational structural change in the Group - a Customer Division concentrates all the distribution and service activity of institutional organs in: MigdalInsuranceCompanyLtd. MigdalMakefet Migdal Platinum • About NIS 350 million expense budget • About 1,500 agents • About NIS 900 million commissions • About 1,350 employees + 1,000 in-house agency employees • About 1.5 million customers • About NIS 12 billion annual collection
Migdal Holdings - insurance premiums and pension and provident funds contributions , in NIS billions 10%+ 17%+ 21%+ 6%+
Migdal Holdings - total assets under management *In NIS billions Average annual growth rate 2004 - 32009 37% 140% 23% 7% 5% 97 94 12% * Including acquisitions throughout the years
Migdal Holdings - long term savingsTotal assets under management *, in NIS billions שיעור גידול שנתי ממוצע (כולל רכישות) 2004 -3/2009 140% 23% 5% 79 75 12% * Including acquisitions throughout the years
Migdal Holdings - gross nominal yields for life assuranceprofit participating policies insured (J’ fund)vs. competitors
Migdal Makefet - gross nominal yields for pensionfund members vs. competitors