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Phoenix Holdings Doubles 2024 Profit to NIS 2 Billion
Phoenix Holdings reported a doubled net profit of NIS 2 billion (USD 540 million) for 2024 compared to NIS 1 billion (USD 270 million) in 2023, driven by improved profitability across all segments, particularly elementary insurance, and a machine learning initiative; a NIS 565 million (USD 152 milli...
Phoenix Holdings Doubles 2024 Profit to NIS 2 Billion
Phoenix Holdings reported a doubled net profit of NIS 2 billion (USD 540 million) for 2024 compared to NIS 1 billion (USD 270 million) in 2023, driven by improved profitability across all segments, particularly elementary insurance, and a machine learning initiative; a NIS 565 million (USD 152 milli...
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