Misr Life wins insurance coverage for Maritime and Land Transport’s employees

Misr Life Insurance, largest life insurance company in Egypt, Africa and MENA, has won a group insurance policy bid in favour of the employees of state-run Holding Company for Maritime and Land Transport.

The Holding Company for Maritime and Land Transport is an affiliate of the Ministry of Investment.

The policy is a one-year renewable term and with total sum insured of 220 million Egyptian pounds (US$28.1 million), Amwal Al Ghad has quoted Hassan Abdel Baki – Misr Life Insurance’s representative in Alexandria – as saying Sunday.