הפניקס אחזקות בע"מ	1 818
THE PHOENIX HOLDINGS LTD
Corporation no: 520017450	10820

	Israel Securities Authority			Tel Aviv Stock Exchange		ת150 ( Public )		Reported via MAGNA:	28/11/2021
	www.isa.gov.il			www.tase.co.il				Reference:	2021-01-103006	Time of broadcast: 16:13 16:13

English language report to Israeli corporate

This form is for reports that has been translated to English (convenience translation) and should be published alongside with the report in Hebrew in accordance with the Securities Regulations (Periodic and Immediate Reports), 5730 - 1970.

References of previous reports relating to this matter: _________ _________ _________

The original Hebrew report was published on the 25 of November 2021.

Attached hereto is a report on

Re: The Phoenix Insurance Company Ltd. Monitoring Report | November 2021 - Midroog On November 25, 2021 Midroog, affirmed the Insurer Financial Strength (IFS) rating of The Phoenix Insurance Company Ltd. , The Company subsidiary, (hereinafter: "The Phoenix Insurance" or "the Company") and affirmed the ratings of Aa2.il(hyb) for subordinated notes (Hybrid Tier III capital) and of Aa3.il(hyb) for subordinated notes (Hybrid Tier II capital and Tier II capital instruments) issued by the Phoenix Insurance subsidiary The Phoenix Capital Issuance (2009) Ltd.Rating outlook – Stable. Attached please find the translated version of Midroogs monitoring report.

t_Nov_2021_isa.pdf

	Reference to parallel Hebrew report:	2021-01-102049
	This report was not reported in Hebrew.

Details of the authorized signatories to sign on behalf of the corporation:

	Name of the signer	Corporate Role
1	Meni Neeman	Other Chief Legal Officer & Company Secretary

Note: According to Rule 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these Regulations will be signed by the authorized persons to sign on behalf of the corporation. For the ISA staff notice Click here .

note that the attached report is a convenience translation only and the parallel Hebrew immediate report is the binding report.
References of previous documents relating to this matter(the reference does not constitute incorporation by reference):



Stock Exchange/Market: הפניקס	Date of revision of form structure: 19/10/2021
Address: דרך השלום 53 , גבעתיים 53454 , Tel: 03-7332997 , 03-7338174 Fax: 03-7238855
E-mail address: menin@fnx.co.il

Previous names of reporting entity: הפניקס הישראלי חברה לבטוח בע"מ

Name of the Signatory: נאמן מנחם Position of Signatory in the reporting corporation: Name of Employer Company:
Address: דרך השלום 53 , גבעתיים 53454 Telephone: 03-7332997 Facsimile: 03-7238831 E-mail: menin@fnx.co.il 1