Egypt’s Mohandes Insurance, Swiss Re renew reinsurance deal for 2021
Egypt’s Mohandes Insurance has renewed a reinsurance contract with Swiss Re Group for another year, chairman and…
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Cairo Public Transport Authority launches an EGP3bln policy tender for assets
The Public Transport Authority of Cairo has launched a public insurance policy tender among non-life insurance…
Insurers to allocate additional EGP 1.2bn reserves under new accounting standards, Omran
Implementing the new accounting standard no. 47 for financial instruments, compliant with IFRS9, will result in…
7 insurers vying to cover Egyptian investment authority’s assets – sources
Seven insurance companies are competing to win an insurance policy tender to cover assets and properties of Egypt's…
Egypt’s FRA Oks private insurance funds’ 2.3bn pounds investments in 3 months
Egypt’s market regulator approved on Monday investments of around 2.3 billion Egyptian pounds ($146.1 million) in…
Egypt’s Cooperative Insurance eyes 150 mln pounds profits in FY2020
Egypt’s Cooperative Insurance Society (CIS) targets profits up to 150 million Egyptian pounds ($9.5 million) within…
Compensation paid by Egypt’s Delta Life Assurance 14% up in FY2020 – sources
Compensation paid to clients by Egypt’s Delta Life Assurance rose 14 percent year-on-year during the 2019/2020…
CIS to cover financing of 5 associations in favour of Egyptian state-banks, MSMEDA
Egypt’s Cooperative Insurance Society (CIS) signed contracts to cover financing of five associations in favour of…
Egyptian Mohandes Life Insurance’s premiums fall 13% in FY2020
Egyptian Mohandes Life Insurance posted on Monday around 13 percent year-on-year decline in premiums during the…
Egypt’s CIS, Agricultural Bank inks 60mn pounds loan insurance cover deal
Egyptian Cooperative Insurance Society (CIS) signed a loan insurance cover agreement worth 60 million Egyptian…