Egypt’s Delta Life Assurance pays $8.2mn compensations in FY2019 – sources

Egyptian Delta Life Assurance has paid total compensations up to 133.3 million Egyptian pounds ($8.2 million) to its clients during the 2018/2019 financial year, said sources on Tuesday.

Earlier, compensations recorded 101.9 million pounds during the financial year, 2017/2018, marking an increase of 31.4 million pounds, official sources from the company told Amwal Al Ghad.

“We have received compensations estimated at 17 million pounds during the last financial year 2018/2018,” the sources said.