The Olam
Banking & Institutional Capital

Menora Mivtachim

One of Israel's five major insurance and long-term-savings groups. TASE: MMHD. One of the largest pension-fund administrators in Israel.

Menora Mivtachim Holdings is one of Israel's five major insurance and long-term-savings groups. Listed on the Tel Aviv Stock Exchange (TASE: MMHD). Anchored in pension administration — Menora is one of the largest pension-fund managers in Israel — alongside life insurance, general insurance, and provident funds. A core component of Israel's institutional capital base.

Fact box

TypePublicly traded insurance and financial holding group
HeadquartersTel Aviv, Israel
ListedTel Aviv Stock Exchange (MMHD)
Principal businessesPension management (one of the largest in Israel); life insurance; general insurance; provident funds; financial services
RegulatorCapital Markets, Insurance and Savings Authority (Israel Ministry of Finance)

Menora Mivtachim sits inside the top-five Israeli insurance and long-term-savings cluster alongside Migdal, Clal, Harel, and Phoenix. Menora's distinguishing characteristic in the cluster is the depth of the pension-fund franchise — the group is one of the largest single Israeli pension administrators and was a primary beneficiary of the 2008 Pension Reform that made pension contributions compulsory for all Israeli employees.

As with the broader top-five cluster, Menora's institutional weight comes from the long-duration savings pools the group administers on behalf of millions of Israeli employees and retirees. The group is a principal Israeli institutional buyer across sovereign debt, equity, and overseas allocations.

Read Next in The Olam

  • Institutional Capital — The broader pension and insurance capital base
  • Pension Reform (2008) — The statute behind the modern pension architecture
  • Migdal Insurance · Clal Insurance · Harel Insurance · Phoenix Holdings — Peer set
  • Kupot Gemel · Kranot Hishtalmut — Long-duration savings vehicles
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