Delta Life Insurance Company renewed the policy insuring Alexandrian Jolie Ville Hotel’s employees for a year.
Salah Abdel Fattah, head of group insurance and renewing insurance at Delta Life Co., said that the death and partial and total disability policy insures 200 workers.
Noteworthy that volume of installments at Life sector at Delta Insurance grew by 27.3% as it reached EGP 64 million in the first half of the current fiscal year 2011/2012, compared with EGP 50 million for the same period in the former year.
Group insurance installments registered EGP 53 million, compared with EGP 41.4 million, with a 28.5% growth rate, while individual insurance registered EGP 10.8 million, compared with EGP 8.9 million, with a 21% growth rate. Indemnifications volume reached EGP 25.8 million, compared with EGP 79.9 million in the past year.