Egyptian Life Takaful-GIG’s new premiums hit $11.2 mln in H1-FY2019

Egyptian Life Takaful Company- GIG achieved new premiums worth 194 million Egyptian pounds ($11.2 million) during the first half of financial year 2018/2019, said managing director on Saturday.

“These premiums were from GIG’s policies offered to around 50 new clients during the first half of the current financial year.” Rimah Asaad further told Amwal Al Ghad.

GIG also posted premiums of 80 million pounds obtained from a bancassurance deal signed with four banks during the first half of this financial year 2018/2019, he added.