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Clover Brokers Insurance Ltd assigned Eagles International’s Policy insurance in favor of Egyptian Saudi Insurance House for one year able to renew.
The total value of policy reaches up EGP10 million, Mohamed Al Nagger the director of marketing at Clover Brokers said.
Al Nagger quoted Amwal Al Ghad Arabic’s Website that the policy involves the coverage of all risks including fire, burglary of the assets and property for Eagles International Inc, noting that EGP5 million has allocated to the coverage of fire risks.
Al Nagger further said it is schedule for Egyptian Saudi Insurance House to preview financial situation for Eagles International within a few coming days as a prelude to activate the policy.
