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Financial Institutions
A.M. Best Affirms Ratings of Arab Misr Insurance Group at ‘BBB’
A.M. Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb" of Egypt's…
Egyptian Takaful Insurance’s Investments May up EGP280mn by June-End
The total expected investments of Egyptian Takaful Insurance Company (Property) will reach up EGP280 million by the…
Hannover Re Reinsurance: €3.6bln Underwrite Premiums in Q1
Hannover Re Reinsurance Company attained €3.6 billion underwriting premiums within the first quarter of the current…
Libano Suisse Insurance seeks EFSA’s Approval of 2 New Products
Libano - Suisse Takaful Insurance Company is intending to hold talks with Egyptian Financial Supervisory Authority…
Africa Re Says EGP400mn Paid up Compensations to Egypt’s Market
Africa Reinsurance Corporation (Africa Re) paid up EGP400million compensations to the Egyptian market in the last…
IMF Ready to Help Egypt, Lagarde Tells President-Elect
International Monetary Fund chief Christine Lagarde has personally congratulated Egypt's President-elect Abdel…
Fitch: Egypt, Tunisia Ratings may be at “Low Point”
Improvements in the political outlook suggest post-Arab Spring countries Egypt and Tunisia may be at the bottom of…
Gulf Financial Institution Eyes Launch of an Insurance Firm in Egypt: Official
A Gulf Financial institution requested from the Egyptian Financial Supervisory Authority (EFSA) to launch insurance…
Italy Mulls $45 million Loan for SMEs in Egypt
Italian Ambassador to Cairo Maurizio Massari said that negotiations are undergoing between the Egyptian government…
Total Investments of CIS-Egypt Up to EGP75mln in May
The total Investments value of Cooperative Insurance Society (CIS) reached around EGP75million at the end of May…