Egypt’s Iskan wins Sheraton Tirana Hotel insurance policy bid

Egypt’s Iskan Insurance Company has won a property insurance policy tender launched by Sheraton Tirana Hotel in Albania.

With total sum insured of $50 million, the policy is a one-year term designated to insurance the hotel’s assets and property, the source with knowledge of the matter told Amwal Al Ghad on Tuesday.

The policy will insure Sheraton Tirana Hotel’s assets and properties against damages from fire, lightening, explosions, and self-ignition, the sources added. It will also provide cover for engineering insurance, losses, dishonesty, and civil liability.