Engineering Insurance Committee Translates Stock Corruption Policy Next Tuesday

The Engineering Insurance Committee of the Insurance Federation of Egypt (IFE) will resume translating the corruption insurance policy covering the machinery against breakdown, said Ahmed Morsi, deputy managing director of The Egyptian Takaful Company (Non-Life) and head of the Engineering Insurance Committee.

After translating the insurance policy, it will be sent to the Egyptian Financial Supervisory Authority (EFSA) to be approved, Morsi added.

The Egyptian Takaful Company (Non-Life) will renew the engineering and motor insurance policy covering Mobinil’s assets. The company sent the petroleum insurance policy to EFSA to be approved.