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Financial Institutions
Wethaq Expected To Post EGP 7 Mln Profit For FY 2011/12
Initial indications showed that the Wethaq Takaful Insurance Company’s profit reached EGP 7 million in FY…
Egyptian Takaful Co. Freezes Protocol with Lawyers Syndicate
Hisham Abdel Shakour, Managing Director of Egyptian Takaful Co., said there is a crisis in operating the protocol…
Insurance Premiums Post EGP 369.4 Mln In April: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed the results of insurance companies in April as they…
Lloyds Posts Unexpected First-Half Loss On Insurance Redress
Lloyds Banking Group Plc (LLOY), the first of Britain’s four biggest banks to report first-half earnings, posted an…
EFSA Approves Wethaq’s Road Insurance Policy
Wethaq Takaful Insurance Company has received the Egyptian Financial Supervisory Authority’s approval over the road…
IFE Discusses Sound Pricing At Fire Insurance Symposium Next September
The Fire Insurance Committee at the Insurance Federation of Egypt will discuss the importance of sound technical…
Misr Insurance Holding: Training Courses Cost EGP 567,200
Misr Insurance Holding Company held 140 training courses for its employees and its subsidiaries’ employees during…
Saudi Mortgage Law To Boost Takaful Industry
The Saudi insurance market is projected to grow by 15 percent per annum in total volume of gross premiums written…
Misr Insurance Eyes 10% Growth In Supplemental Car Insurance Premiums In FY 2012/2013
Misr Insurance Company targets 10% growth rate which means posting EGP 720 million in the volume of supplemental…
Suez Canal Life Insurance To Launch Three New Products
The Suez Canal Life Insurance Company will request the Egyptian Financial Supervisory Authority’s (EFSA) approval…
