Egyptian Life Takaful- GIG posts $39.7 mln premiums in FY20

Egyptian Life Takaful Co. (GIG) posted premiums worth 633 million Egyptian pounds ($39.7 million) during the 2019/2020 financial year, its managing director said on Wednesday.

“We plan to maximise our premium portfolio within the upcoming period,” Ramah Assad further told Amwal Al Ghad.

The company also seeks to increase the number of its branches nationwide, through negotiating with a number of banks, Assad added.