Arab Misr Insurance Group GIG Attains EGP367mn Premiums in FY13/14

Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said his company succeeded in attaining EGP367million premiums in the last fiscal year of 2013/2014, against EGP345million in 2012/2013 registering 6.3% growth rate.

In a statements to Amwal Al Ghad GIG prepared plan to increase its premiums’ volume to EGP410million by next June, driven by future expectations for improving the national economy in the next period.

There are strong Indicators for economic recovery as result of political and security stability which witnessed by Egypt in the current period, El-Zohairy noted.

Moreover, GIG focuses on new marketing mechanisms in order to promote its various insurance products and this will contribute in attracting customers most notably banking insurance service.