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Insurance companies compete to win a bid to insure all the branches of the Arab League.
Sources said the insurance policy covers the organization’s buildings against all risks of fire, burglary, theft, riots, and disturbances. The insurance policy also covers the Arab League’s fleet vehicles against risks of fire, burglary, theft and miscellaneous accidents.
Insurers also compete to insurance all the employees working at the organization’s branches in Cairo and Alexandria against personal accidents.
Sources added that the bidders are Misr Insurance Company and Egyptian Takaful (Non-life).