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Misr Insurance Company achieved return on investment of EGP 120 million in Q1 of FY 2012/2013, said Ahmed Khattab, member of the board of directors of the company.
The financial indices showed that the value of the company’s investments reached about EGP 12 billion at the end of last September, he added.
He affirmed that such results are relatively good amid the current unrest in Egypt. If these events did not end peacefully, they will post negative impact on the results of insurance companies, he continued.
