Royal Insurance Q1 Engineering, Non-Life Insurance Premiums Post EGP 5.3 Mln

Royal Insurance Company achieved engineering and non-life insurance premiums of EGP 5.3 million in Q1 of FY 2012/2013, said Mohamed Ali, head of engineering sector at the company.

The company targets to increase the value of premiums by 150% in FY 2012/2013, he added.

The company plans to offer new insurance products so as to attract more customers to the company and increase insurance security covering them.

Royal Insurance Company targets to achieve non-life insurance premiums of EGP 33 million and engineering insurance premiums of EGP 8.5 million in FY 2012/2013.