GIG Insurance: Total Investments hit EGP475 million at December-end

Egypt’s Arab Misr Insurance Group (GIG) has registered total investments of EGP 475.4 million (US$62.6 million) by end of December 2014, head of investment and banking sector Mohamed Nagah Nour.

This comes in comparison with total investments worth EGP 470 million recorded by end of June 2014.

In exclusive statements to Amwal Al Ghad, Nagah said GIG’s net investment income reached EGP 27 million in the first half of current fiscal year 2014-2015.