GIG Assigns Nile General Takaful To Insure Hama Holding

GIG – Insurance Brokers assigned Nile General Takaful Company to insure Hama Holding for Financial Investment with value of EGP 550 million, said Talaat Abou Kalam, managing director of GIG.

The insurance policy covers the company against all risks including fire and burglary, as well as engineering, marine and insurance coverage. In addition, Nile General Takaful will insure the company’s car fleet.

The insurance policy also covers Hama Holding for Financial Investment, comprised of subsidiary eight companies, against risks of rioting and unrest.

It is worth mentioning that GIG – Insurance Brokers targets increasing the assigned premiums by 30% in 2013.