Misr Insurance Eyes 10% Growth In Supplemental Car Insurance Premiums In FY 2012/2013
Misr Insurance Company targets 10% growth rate which means posting EGP 720 million in the volume of supplemental car insurance premiums FY 2012/2013 as the Company had EGP 660 million in premiums written in the supplemental car insurance in FY 2011/2012, said Ahmed Aboul Enein, head of motor insurance committee at Insurance Federation of Egypt and head of motor insurance sector at Misr Insurance Company.
The volume of car compensations exceeded EGP one billion in FY 2011/2012. The Company delayed moving to the headquarters as it requires some preparations.
