Arup Egypt Expects EGP50mn Premiums for Insurance Properties by June-End

Regional Director at Arup Insurance Egypt Company Wael Shoukry  said the total expected value of premiums in properties and responsibilities activity estimated at EGP50 million against EGP34 million in the previous year.

In a statements to Amwal Al Ghad, Shoukry  expected that the value of premiums in life insurance activity will be EGP14million by the end of the current year, compared to EGP10 million at 2012/2013.

Arup awaits Egyptian Financial Supervisory Authority (EFSA)’s approval to activate banking insurance agreement.