Article: Insurance co disclose returns on real estate investments: Clal Insurance's net average return on investment is 8.5%. Migdal Insurance portfolio leans towards government complexes, at the expense of return on investment.

Byline: Guy Yamin

Jul. 30--Ministry of Finance Supervisor of Capital Markets, Insurance and Savings Yadin Antebi recently ordered insurance companies to publicly disclose online their real estate investments and the return on these investments on their websites. This order makes it possible to examine the property portfolios of two of the largest insurance investors in Israeli real estate: Clal Insurance Enterprises Holdings Ltd. (TASE: CLIS) and Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL).

Clal Insurance's real estate portfolio almost quadrupled from NIS 350 million in January 2005 to NIS 1.25 billion today. The company exploited low ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!