Misr Insurance Insures Stores In City Stars With EGP 12 Mln

Misr Insurance Company signed a contract to insure some of the stores located in City Stars Shopping Center for a year with value of EGP 12 million, said Al Husseini Abdel Aziz, Managing Director of Al-Sharq Insurance Brokerage Company.

The insurance policy covers the stores and their stocks against risks of fire, burglary and additional risks, as well as riots and civil disturbances.

Misr Insurance Company targets to achieve premiums of EGP 3.8 billion in FY 2012/2013.