Arab Misr Insurance- GIG Captures ‘Down Town’ Policy with EGP400 mln

Walid Sayed Moustafa, deputy general manager of Arab Misr Insurance Group (GIG) asserted that his company succeeded to capture the insurance policy of assets and properties of ‘Down Town’ Mall in New Cairo-area.

Walid has informed Amwal Al Ghad in an exclusive that GIG captured the policy after competing with several companies which operating in the Egyptian market, explaining that the total amounts of insurance policy exceed EGP400 million.

He added that the policy includes the coverage of political violence including the risks of terrorism, sabotage of all the shops and the administrative headquarters of the mall for a year.