Home MoneyFinancial Institutions Misr Insurance Insures National Navigation, Egyptian Airports With EGP 4.6 Bln

Misr Insurance Insures National Navigation, Egyptian Airports With EGP 4.6 Bln

by Administrator

Misr Insurance Company signed deal to insure the National Navigation Company and Egyptian Airports Company for a year, sources said.

The Egyptian Airports Company is insured with value of EGP 3.6 billion and the National Navigation Company is insured with value of EGP one billion, sources added.

The insurance policy will insure the companies’ buildings and assets against risks of burglary and their car fleets as well as engineering insurance coverage.

It is worth mentioning that Misr Insurance Company won its bid to insure both companies after competing with a number of insurance companies such as Arab Misr Insurance Group (AMIG).

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