Total Assets of Delta Insurance Egypt Fell to EGP436mn in June

Egypt’s Delta Insurance Company total assets fell to EGP436.02 million in June 2014 in compared to EGP968.06 million in the same period of 2013.

An official copy data obtained by Amwal Al Ghad revealed that the Surplus of insurance activity of the company increased to EGP33.8 million in the fiscal year of 2013/2014 against EGP21.1 million in the same period of 2012/2013.

The total value of premiums reached EGP210 million in June 2014 against EGP207.9 million in FY12/13, according to the data.

The net premiums reached EGP126.6 million in June from EGP122.5 million in the same period of the fiscal year 2012/2013.

The value of paid up compensations for the direct processes recorded EGP95.5 million in the same period in compared to EGP135.5 million.