Misr Insurance Life To Update 41 Branches In FY 2012/13
Misr Insurance Company (Life) plans to renew and update 41 branches in 7 different regions in the next FY 2012/2013.
Misr Insurance (Life) has assigned two companies for this mission which will begin with three branches in Cairo and Alexandria.
The Company has earlier renewed and updated its small-sized branches, self financed the renewal of 14 branches. In addition, the Company is now renewing branches in Suez Canal and Sinai as well as two branches in Cairo.
Misr Insurance Company (Life) also plans to reopen branches that were earlier closed and to open new branches so as to accommodate the staff members who were working in 19 branches before being split from Misr Insurance Company.
It is worth mentioning that the court will decide upon Misr Insurance case no. 42012/65 on June 18th regarding not abiding by the law no.118 for 2008 that obligates the separation of life insurance activities from property insurance activities.
