Delta Life Insurance Company achieved premiums of EGP 104.1 million in the first nine months of FY 2012/2013.
The volume of the company’s group insurance premiums reached EGP 84.5 million and individual insurance premiums reached EGP 19.6 million at the end of last March, said Mohamed Mowafy, general manager of life and medical insurance sales sector at the company.
The value of paid compensations reached EGP 27.034 million and insurance activity surplus rate registered 180% at the end of last December, he added.
He affirmed that the insurance sector plays an important role in crises, so insurance companies and federations as well as Egyptian Financial Supervisory Authority shall cooperate to raise people’s insurance awareness in the current period.
