Iskan Insurance wins Sheraton Tirana Hotel policy bid

Cairo-based Iskan Insurance Company has won a policy bid for Sheraton Tirana Hotel in Albania, a senior source in the company told Amwal Al Ghad on Monday.

With total sum insured of $50 million, the insurance policy is tailored to cover all risks and damages arising out of fire, lightening, explosions, and self-ignition, the sources added.

It also involves coverage against the group’s losses as well as risks arising out of dishonesty and civil liability, alongside providing engineering insurance services.