Egyptian Takaful Life Attains EGP233mln Premiums at June

Managing Director of Egyptian Takaful Company (Life) Hisham Abdel Shakour said his company succeeded in attaining EGP233million premiums at the end of the last fiscal year of 2013/2014 against EGP123million in the previous year, registering 89.4% growth rate.

In a statements to Amwal Al Ghad, Abdel Shakour explained that his company plans during a few coming months to start promoting its insurance products through two banks.

The company intends offering 5 new insurance products through the bank’s branches and according to banking insurance mechanism.

Moreover, Takaful insurance intends during the next period to expand micro insurance policies so as to meet with the citizens’ needs.