Egypt’s Misr Emirates Life Takaful renews reinsurance deals with Gen Re for 2023
Misr Emirates Life Takaful – Salama has renewed its reinsurance contracts for another year, its managing director…
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S&P Global affirms Orient Takaful Egypt at A with positive outlook
S&P Global Ratings has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer…
GIG Insurance Egypt chooses Baker McKenzie as legal counsel to acquire AIG Egypt
GIG Insurance – Egypt has appointed Helmy, Hamza & Partners, Baker McKenzie Cairo office as its legal counsel…
GIG Insurance Egypt picks Prime as financial advisor to acquire AIG Egypt
GIG Insurance – Egypt has appointed Egyptian investment bank Prime Holding as a financial advisor in a deal to buy…
Egypt names EGX’s Mohamed Farid as financial regulator chairman
Egypt’s President Abdel Fattah al-Sisi has appointed Mohamed Farid as the acting chairman of the country’s market…
Misr Emirates Life Takaful to raise capital to EGP 250 million by year-end
Misr Emirates Life Takaful – SALAMA, part of UAE’s Islamic Arab insurance Companies, plans to increase its paid-up…
GIG Egypt Life Takaful’s gross written premiums exceed EGP 1 billion in FY22
The value of gross premiums written by GIG Egypt – Life Takaful Company has exceeded 1 billion Egyptian pounds ($53…
Egypt’s Contact Financial Holding launches digital comprehensive car insurance product
Egypt’s Contact Financial Holding, formerly Sarwa Capital, has launched on Monday its digital comprehensive car…
AM Best affirms gig Egypt’s B++ rating, with stable outlook
AM Best affirmed on Thursday gig Insurance - Egypt's (gig-Egypt) financial strength rating of B++ (Good) and the…
Egypt’s first actuarial life table for local insurance players to go live early July
Egypt’s first actuarial life table for life insurance will go live as early as next July, the start of the…