Orient Takaful renews insurance cover deal for Hilton Hurghada, Alex hotels

Egypt’s Orient Takaful Insurance Company has renewed an insurance coverage agreement with Hilton Hotels Group for hotels in Hurghada and Alexandria cities, an official in Orient announced Monday.

According to the agreement, Hilton’s insurance policy is with total sum insured of 600 million Egyptian pounds ($34.8 million), Orient’s first executive vice president for technical affairs, Walid Sayed Mustafa further told Amwal Al Ghad.

The policy will cover civil liability, cash transfer, dishonesty, and the damages from fire, burglary, floods, earthquakes, volcanos, and torrents, Mustafa added.