Egyptian Life Takaful- GIG posts $7.1mn health insurance premiums in 9 months

Egyptian Life Takaful Company (GIG) posted health insurance premiums worth 116 million Egyptian pounds ($7.1 million) during the first nine months of this financial year, said managing director on Wednesday.

“Our total premium portfolio recorded 472 million pounds during the first nine months of the current financial year,” Ramah Assad further told Amwal Al Ghad.

The company seeks to increase its premium portfolio to 700 million pounds at the end of this June, Assad added.