Phoenix Financial

Phoenix Financial, a leading Israeli financial services company with broad Multi-line Insurance and Asset management, Agencies & Credit lines of business.

75

Years of activity

130

NIS billion

AUM as of June 30, 2024

+3

Clients

From CEO: "Phoenix Financial aims to ensure the best value proposition for our clients and for our shareholders. We focus on generating profitable growth and high returns and committed to share value with our shareholders. Our constant pursuit of excellence and achievements, both at the personal and group levels, is what makes Phoenix a market leader"

about us

Phoenix Financial is a leading Israeli financials group traded on the Tel Aviv Stock Exchange.

Phoenix serves a significant portion of Israeli households with a broad set of solutions across businesses and client segments. Managing over $130 billion in assets, Phoenix accesses Israel’s vibrant and innovative economic activity through a robust investment portfolio, creating value for both clients and shareholders.

Company’s lines of businesses include a broad multi-line Insurance business, including a leading P&C operation as well as significant Life and Health businesses,

 

TA-35 Leading index

Insurance Rating

Moody's A2, S&P A-

Phoenix Highlights

1
Unique opportunity in a growing, underpenetrated market with barriers to entry
Strong demographic & wealth trends with high compulsory savings rates & potential for greater penetration, economy showing macro resilience
2
Strong market position with distinctive growth & performance through the cycle
Leading diversified financial services group with over $130b AUM (including multi-line insurance, asset management, agencies & credit), delivering best-in-class average 15% ROE and 20% AUM CAGR over the past 5 years
3
Creating and unlocking value driven by diversified activities with untapped potential
Significant share of income generated by recurring fee-based businesses (cash-generative, capital-light), with plan to unlock value of assets currently held at book value
4
Proven strategic plan with focus on growth, innovation, & value creation
Focus on accelerating growth in high ROE businesses, innovation and technology for competitive advantage and efficiency, active management of businesses to unlock & create value, & focused capital and investments management / deployment
5
Leading financial results & organic cashflow generation, driving growing distribution track record
Highly liquid, cashflow generating platforms with minimal capital needs, enable constant distribution of dividends (at least 40% dividend distribution policy) and annual buyback plans
6
Experienced leadership team backed by strong governance
Deep sector and broad functional experience at both board and management levels
1
Unique opportunity in a growing,underpenetrated market withbarriers to entry
Strong demographic & wealth trends with high compulsory savings rates &potential for greater penetration, macro resilience during 2020-22
2
Strong market position with distinctive growth & performance through the cycle
Leading diversified financial services group with over $100b AUM (including multi-line insurance, asset management, distribution, & credit), delivering best-in-class average 15% ROE and 20% AUM CAGR over the past 5 years
3
Creating and unlocking value driven by diversified activities with untapped potential
Significant share of income generated by recurring fee-based businesses (cash-generative, capital-light), with plan to unlock value of assets currently held at book value
4
Proven strategic plan with focus on growth, innovation, & value creation
Focus on accelerating growth in high ROE businesses, innovation and technology for competitive advantage and efficiency, active management of businesses to unlock & create value, & focused capital management / deployment
5
Leading financial results & organic capital generation, driving strong balance sheet
Consistent growth in shareholder equity with a Solvency ratio of 202% (with transitional measures) and at least 30% dividend distribution policy
6
Experienced leadership team backed by strong governance
Deep sector and broad functional experience at both board and management levels

Strong & Professional Leadership

Phoenix is led by top Israeli financial and insurance professionals demonstrating Leadership, High-level of execution, Quality of Service, Customer centric acumen backed by experienced, diversified, international-local mixed board of directors and corporate governance.

Management & Board

Vision & Strategy

Vision

Phoenix Financial seeks to deliver distinctive value to clients, partners with a strong broad-range offering of products and services, diverse and tailored distribution, and commitment to  customer and agent experience.

We aspire to lead the Israeli financial services industrywhile creating value to our shareholders and increased attractiveness to international investors.

our values

We believe in leading by example, and are committed to conducting business in a fair, responsible manner.

Transparency
We are committed to building trust with our clients, employees and shareholders by openly sharing information about operations, decisions and financial performance.
Excellency
We are committed to deliver exceptional products and services to our clients, while focusing on continuous improvement, innovation and leadership
Collaboration
We foster synergy, combining diverse skills and ideas to achieve shared goals and drive mutual success
Agility
We aim to adapt swiftly to changing clients' needs and market conditions, making our business more resilient and responsive in a dynamic environment
Commitment
We are committed to working to create optimal value for customers, agents, employees, and investors.
Professionalism
We are committed to being the best in our practice areas, related to our knowledge levels, skills, and specialization. Long-term professionalism is achieved through research and learning, with training to improve performance.
Empathy
We act with sensitivity to understand the needs of customers, agents, employees, investors, and suppliers. We will be attentive and open in our decision-making processes.
Fairness
We are committed to acting properly and correctly, to uphold processes and behavior without any discrimination towards customers, employees, agents, investors, or suppliers.
Initiative
We are committed to thinking and acting from a wide perspective to advance our work goals, plans, and objectives.
Innovation
We are committed to progress and innovation. We create value through the development of advanced tools, processes, products, and ideas that provide solutions creatively and effectively.
Leadership
We are committed to excellence, success, and influence in every field in which we engage. We will constantly work to be leaders and to lead the path forward.

share information

PHOE

Symbol

3,949.00

Price

31.00

Change

0.79%

Change%

304,291.00

Volume

3,886.00

Day Low

3,961.00

Day High

3,008.90

Year Low

4,084.00

Year High

Last Update: 2024-09-17 12:52

All rights reserved to PHOENIX HOLDINGS INC. Our address: Derech HaShalom 53, Givatayim