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Misr Insurance Company paid EGP 8 million for car insurance claims in December 2012, said Ahmed Aboul Enein, head of car insurance sector at the company.
Aboul Enein revealed to Amwal Al Ghad that such value of insurance benefits were paid for 110 cars stolen last December, compared to 91 cars stolen in November.
The total number of cars insured by Misr Insurance Company reached 2280 cars. The rate of stolen cars is stable since the eruption of 2011’s revolution. If the stolen car is returned and the owner received the benefit, the car becomes owned by the company, he affirmed.