Israeli market News

Israel Thwarts Major Cyber Attack Against Its Water Systems

Israel’s national cyber chief Thursday officially acknowledged the country had thwarted a major cyber attack last month against its water systems, an assault widely attributed to arch-enemy Iran, calling it a “synchronized and organized attack” aimed at disrupting key national …

Milliman Opens Office in Israel

Milliman Inc., the global consulting and actuarial firm, announced it is opening an office in Tel Aviv, which will provide the full gamut of insurance and actuarial consulting services. Benny Gabbay, a leading figure in the Israeli insurance industry, and …

At Least 2 Bidders Interested in IDB Unit, Tel-Aviv-Based Clal Insurance

Eduardo Elsztain, the Argentine real estate developer who controls Israeli conglomerate IDB Development Corp., said he has at least two bidders for the company’s insurance unit, Clal Insurance Enterprises Holdings Ltd. Elsztain is fighting a sale of the company in …