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Financial Institutions
S&P Places Egypt Rating On CreditWatch Negative As Junta Consolidates Powers
Credit Watch Ratings agency Standard & Poor's placed Egypt's long-term sovereign ratings on CreditWatch…
Insurers Optimistic On Political Stability, Morsi’s Reassuring Speech
“President for all Egyptians,” the elected Egyptian Mohamed Morsi stated yesterday relieving employees at…
Bahraini Takaful International Launches Mobile Takaful Service
Takaful International, the 1st leading Islamic insurance (Takaful) company in Bahrain, has launched a new mobile…
IFE Considers Raising Insurance Awareness In Schools
Training, Development and Insurance Awareness Committee of the Insurance Federation of Egypt discussed the possible…
EFSA Approves Wethaq’s Amendments To Fire Insurance Policy
Wethaq Insurance Co. has received the Egyptian Financial Supervisory Authority’s approval on the amendments the…
Chartis Egypt Insurance Moves To Mohandseen On Cost-Cutting Plans
Chartis Egypt Insurance Co. plans to move to its old headquarters in Mohandseen by the beginning of the new fiscal…
A.M. Best Affirms Jordanian Arab Orient Insurance’s Rating At BBB+
A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of B++ (Good) and the issuer…
3 New Companies Enters Egyptian Insurance Market By New Fiscal Year
Suez Canal Life Insurance, Delta Life Insurance and Takaful Company will be starting their activities by the…
Suez Canal Insurance Receives 250 Claims For Stolen Cars Since Revolution
Suez Canal Insurance Company received 250 claims for stolen cars since last year’s revolution. Mohie EL Din Nassar,…
A.M. Best Downgrades Issuer Credit Rating of Arab Misr Insurance Group S.A.E.; Revises…
A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and…