EFSA Says 83.4 Thousand Insurance Policies Canceled within 5 Months

A monthly report which issued by Egyptian Financial Supervisory Authority (EFSA) revealed that 83.4 thousand insurance policies have been canceled within the first 5 months of 2014 against 77.1 policies that canceled in the same period of 2013.

The total numbers of canceled policies in insurance property sector reached 63.2 thousand policies with 75% from the total numbers of policies at the end of March 2014.