How much do Israeli insurance executives earn?
Israeli insurance companies have been paid more than $4.3 million per year, the compensation of top executives in the insurance industry in recent years, according to a report by the Israeli Insurance Federation.
The report, which includes compensation data from all Israeli insurance businesses, is part of a broader effort by the insurance sector to provide an overview of the salaries of Israeli executives, including those in insurance, medical, and pharmacy sectors.
It comes amid rising criticism of the industry and the lack of transparency in its performance.
The industry is currently under investigation by the Finance Ministry over the performance of its executive committee.
The Israel Insurance Federation’s annual report provides data on the salaries and bonuses of Israeli CEOs, chief financial officers, and other senior executives.
The organization has compiled salary data for every Israeli company and issued the report on Monday, which it said was the largest in the world.
It reported that Israeli executives earned about $3.6 million in 2017, up from $2.8 million in 2016.
That increase is partly due to a 10 percent increase in salaries over the past three years.
It also represents a slight increase in the average annual salary for senior executives, from $5.3 to $5,650.
The Federation said that, while the compensation for Israeli executives has been rising over the years, the salaries have remained stable.
In the past two years, it said, the average salary for a senior executive rose to $6.8, up 6 percent from the previous year.
The average salary of a pharmacist and pharmacy executive rose from $3,500 to $4,800, the report said.
The annual report also includes compensation for the executives of several Israeli insurance and insurance products, which are classified as “others.”
The report also reported that, between 2014 and 2018, Israeli companies earned an average of $1.1 million, up slightly from $1 million in 2015.