{"id":36863,"date":"2026-07-15T21:47:00","date_gmt":"2026-07-15T19:47:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=4550a589bdc832255a2b63d570714a66"},"modified":"2026-07-15T21:47:00","modified_gmt":"2026-07-15T19:47:00","slug":"am-best-assigns-credit-ratings-to-harel-insurance-investments-financial-services-ltds-main-operating-subsidiary-harel-insurance-company-ltd","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=36863","title":{"rendered":"AM Best Assigns Credit Ratings to Harel Insurance Investments & Financial Services Ltd\u2019s Main Operating Subsidiary, Harel Insurance Company Ltd."},"content":{"rendered":"

LONDON--(BUSINESS WIRE)--AM Best <\/b>has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of \u201ca\u201d (Excellent) to Harel Insurance Company Ltd. (Harel Insurance) (Israel), the main operating subsidiary of Harel Insurance Investments & Financial Services Ltd (Harel). The outlook assigned to these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

\nThe ratings reflect Harel\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect Harel Insurance\u2019s strategic importance to and deep integration within Harel.<\/p>

\nHarel\u2019s balance sheet strength is underpinned by its consolidated risk-adjusted capitalisation at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). The BCAR includes partial equity credit for economic capital embedded in its long-term business and its hybrid debt, which are considered weaker elements of the group\u2019s capital structure. The group\u2019s consolidated adjusted financial leverage as at year-end 2025, was 21.2%, as measured by AM Best. Interest coverage is considered to be adequate. Harel benefits from strong financial flexibility as a regular participant in the capital markets, evidenced by a history of successful debt instrument issues. However, an offsetting factor to the assessment is the group\u2019s meaningful operating leverage, which is principally derived from the activities of its non-insurance subsidiaries.<\/p>

\nThe group has a track record of strong profitability, generating net profits in each of the last six years of operations (2020-2025). This was evidenced in 2025, by a return-on-equity and net-net combined ratio of 27.0% and 87.1%, respectively. Underwriting profitability is supported by consistent investment income.<\/p>

\nHarel\u2019s business profile assessment reflects its leading market position in Israel as a diversified financial group with insurance, asset management and credit activities. The group\u2019s insurance and non-insurance portfolio is geographically concentrated, with insurance service revenue (ISR) sourced from Israel constituting more than 95% of its overall ISR. As a composite insurer, Harel Insurance\u2019s portfolio is well diversified by product, albeit, with a slight tilt towards health insurance.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\u2019s Credit Ratings<\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best\u2019s Ratings & Assessments<\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com<\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nStanislav Stoev, ACCA, CFA<\/b>Senior Financial Analyst<\/b>+44 20 7397 0306<\/b>stanislav.stoev@ambest.com<\/a><\/p>

\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

\nJessica Botelho-Young, CA<\/b>Director, Analytics<\/b>+44 20 7397 0310<\/b>jessica.botelho-young@ambest.com<\/a><\/p>

\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LONDON–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of \u201ca\u201d (Excellent) to Harel Insurance Company Ltd. (Harel Insurance) (Israel), the main operating subsidiary of Harel Insura…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36863","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36863"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36863\/revisions"}],"predecessor-version":[{"id":36865,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36863\/revisions\/36865"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}