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Allianz Insurance Company-Egypt and Allianz Life Assurance Company-Egypt achieved premiums of EGP 1.1 billion FY 2011/2012.
Sources said Allianz Life Assurance Company-Egypt reported premiums of EGP 895 million and Allianz Insurance Company -Egypt achieved premiums of EGP 240.9 million at the end of last June.
Allianz is currently in talks with Mohamed Mahran, general manager at Chartis Insurance Company – Qatar, to hold the managing director position at Allianz, sourcse added.
The company studies the possibility of moving the headquarters from Dokki to El-Tagamu El-Khames (Fifth Settlement).
Allianz Insurance Company-Egypt has recently expanded in the service of collecting premiums from homes to Delta and Upper Egypt governorates.
