Egyptian Life Takaful-GIG eyes premiums up to $59.6mn in 3yrs

Egyptian Life Takaful Company- GIG plans to increase its premiums to 1 billion Egyptian pounds ($59.6 million) during the next three years, managing director said on Wednesday.

“The company seeks to boost its premium portfolio to exceed 500 million pounds at the end of next June, a 20 percent growth from 415 million pounds during the financial year 2017/2018,” Rimah Asaad further told Amwal Al Ghad.

Moreover, GIG’s strategy focuses on varying its insurance products offered to its clients between individuals, groups, personal accidents, saving certificates, and medical insurance within the coming period,” Asaad said.