EMKS Insurance Brokerage Eyes EGP 20 Mln Premiums In 2013

EMKS Insurance Brokerage Company targets to collect premiums of EGP 20 million for insurance companies in 2013, said Ehab Samir, chairman and managing director of the company.

EMKS Insurance Brokerage Company succeeded in renewing agreements with insurance companies for the next year, he added in an interview with Amwal Al Ghad.

The insurance sector will recover with the stability of political and economic conditions and the return of foreign investments to the country, he noted.

“The insurance sector will not lose, if there are no new foreign investments in Egypt. However, these investments will help the sector flourish”, he continued.

It is worth mentioning that EMKS Insurance Brokerage Company has an issued capital of EGP 2 million and paid-up capital of EGP one million.