Egypt’s Mohandes Insurance has renewed a reinsurance contract with Swiss Re Group for another year, chairman and …
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FeatureFinancial InstitutionsMoney
Cairo Public Transport Authority launches an EGP3bln policy tender for assets
The Public Transport Authority of Cairo has launched a public insurance policy tender among non-life insurance companies …
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FeatureFinancial InstitutionsMoney
Insurers to allocate additional EGP 1.2bn reserves under new accounting standards, Omran
Implementing the new accounting standard no. 47 for financial instruments, compliant with IFRS9, will result in increasing …
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FeatureFinancial InstitutionsMoney
7 insurers vying to cover Egyptian investment authority’s assets – sources
Seven insurance companies are competing to win an insurance policy tender to cover assets and properties of …
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FeatureFinancial InstitutionsMoney
Egypt’s FRA Oks private insurance funds’ 2.3bn pounds investments in 3 months
Egypt’s market regulator approved on Monday investments of around 2.3 billion Egyptian pounds ($146.1 million) in favour …
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FeatureFinancial InstitutionsMoney
Egypt’s Cooperative Insurance eyes 150 mln pounds profits in FY2020
Egypt’s Cooperative Insurance Society (CIS) targets profits up to 150 million Egyptian pounds ($9.5 million) within the …
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FeatureFinancial InstitutionsMoney
Compensation paid by Egypt’s Delta Life Assurance 14% up in FY2020 – sources
Compensation paid to clients by Egypt’s Delta Life Assurance rose 14 percent year-on-year during the 2019/2020 financial …
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FeatureFinancial InstitutionsMoney
CIS to cover financing of 5 associations in favour of Egyptian state-banks, MSMEDA
Egypt’s Cooperative Insurance Society (CIS) signed contracts to cover financing of five associations in favour of two …
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Egyptian Mohandes Life Insurance posted on Monday around 13 percent year-on-year decline in premiums during the 2019/2020 …
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FeatureFinancial InstitutionsMoney
Egypt’s CIS, Agricultural Bank inks 60mn pounds loan insurance cover deal
Egyptian Cooperative Insurance Society (CIS) signed a loan insurance cover agreement worth 60 million Egyptian pounds ($3.8 …