Arab Misr Insurance-GIG Awaits A.M. Best’s Re-Evaluation by June

Arab Misr Insurance Group (GIG) is waiting for re-evaluation “AM Best” Foundation to its credit rating by the next two months, Alaa Mohamed El-Zohairy revealed.

GIG has held a meeting with the official of A.M. Best within the current week in order to review the statistics of the company’s results in the last year, along with the strategic plan for the next 3 years, El-Zohairy the Managing Director explained.

The meeting also discussed the current political turmoil, in addition to reviewing the features of improving these conditions especially in the light of the country’s attitude towards continuing the democracy.

Furthermore, he added that the company hopes to keep up the previous rating ‘BBB’, explaining that this is a good indicator for GIG’s performance.