Egypt’s Mohandes Insurance is planning to invest 1.39 billion Egyptian pounds ($45 million) during the financial year …
African Reinsurance Corporation
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt’s Misr Emirates Life Takaful renews reinsurance deals with Gen Re for 2023
Misr Emirates Life Takaful – Salama has renewed its reinsurance contracts for another year, its managing director …
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Africa NewsEgypt NewsFinancial InstitutionsMoneyNews
Egypt hosts African Re meetings first time since COVID-19 outbreak
by Nada Aliby Nada AliEgypt is hosting on Wednesday the representatives of 42 African countries at the General Assembly and the …
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Ratings agency Standard & Poor’s (S&P) has recently affirmed the African Reinsurance Corporation’s (Africa Re) financial strength …
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Financial InstitutionsMoney
African Reinsurance distributes $3.3mn to fight against coronavirus in Africa
African Reinsurance Corporation (Africa Re) has decided to distribute $3.3. million to support the fight against coronavirus …
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African Reinsurance Corporation’s (Africa Re) total investment portfolio in Egypt climbed to around 2.5 billion Egyptian pounds …
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Financial Institutions
African Reinsurance Corp pumps $50 mln into technical reserves
by Yomna Yasserby Yomna YasserThe African Reinsurance Corporation’s (Africa Re) board has decided in recent meeting to pump $20 million into …
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Financial Institutions
Africa Reinsurance: Egypt investments have risen to $40 million at 2016-end
by Yomna Yasserby Yomna YasserAfrican Reinsurance Corporation (Africa Re) says investment portfolio in Egypt has surged to $40 million at the …
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Financial Institutions
Africa Reinsurance sees 4% in 2017 Egypt premiums after float
by Yomna Yasserby Yomna YasserAfrican Reinsurance Corporation (Africa Re) said Wednesday that it expects this year premiums in Egypt would shrink …
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Financial Institutions
A.M. Best upgrades African Reinsurance’s rating to A
by Yomna Yasserby Yomna YasserA.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer …