Money IFE head: IMF deal testament to strength of Egypt’s economy Yomna Yasser Dec 19, 2022 0 The International Monetary Fund’s (IMF) new loan agreement is a certification of confidence and a testament to the…
Money Moody’s affirms GIG Egypt’s Ba2 rating, stable outlook – official Eslam Abdelhameed Aug 2, 2021 0 Moody’s Investors Service has affirmed the Ba2 insurance financial strength rating (IFSR) of GIG Insurance - Egypt…
Money GIG – Egypt eyes 10% y-o-y surge in FY2020 premiums Eslam Abdelhameed Nov 16, 2019 0 Egypt's Arab Misr Insurance Group- GIG says it targets a 10 percent increase year-on-year in premiums to around 1.2…
Money GIG – Egypt eyes 10% surge in FY20 investments – official Eslam Abdelhameed Oct 30, 2019 0 Egypt’s Arab Misr Insurance Group- GIG targets a 10 percent year-on-year increase in its investments within the…
Money GIG-Egypt says launching micro-insurance policies to 130,000 clients Eslam Abdelhameed Jul 21, 2019 0 Egypt's Arab Misr Insurance Group- GIG has launched micro-insurance policies benefiting so far around 130,000…
Money Egypt to launch first natural disasters insurance pool in 6 months Alzahraa mostafa Jul 20, 2019 0 Egypt is planning to launch its first ever insurance pool against nature disasters in the next six months, head of…
Financial Institutions GIG-Egypt, Germany’s Hannover Re in talks to renew reinsurance deal Yomna Yasser Nov 20, 2017 0 Egypt’s Arab Misr Insurance Group (GIG) has started talks with Germany’s Hannover Re to reach a further one-year…
Financial Institutions Kuwait’s Gulf Insurance Group mulls increasing stake in Egypt affiliates Yomna Yasser Aug 23, 2016 0 Gulf Insurance Group, Kuwait’s largest composite insurer, plans to raise its stake in Egyptian affiliates in the…
Financial Institutions Egypt’s GIG studies entering into inward reinsurance arrangements in Gulf Yomna Yasser Aug 21, 2016 0 Egypt’s Arab Misr Insurance Group – GIG is studying inward requests from Gulf insurance brokers for reinsurance…
Financial Institutions GIG-Egypt posts premiums of $56.3 mln in FY2015-16 Yomna Yasser Aug 14, 2016 0 Egypt’s Arab Misr Insurance Group – GIG has recorded premiums worth 500 million Egyptian pounds ($56.3 million)…
Financial Institutions GIG earmarks $250,000 for Egypt nuclear insurance pool Yomna Yasser Aug 2, 2016 0 Egypt’s Arab Misr Insurance Group – GIG is set to commit around $250,000 to the capacity subscription of an…
Financial Institutions GIG Egypt Insurance to request new credit rating from A.M. Best Yomna Yasser Mar 28, 2016 0 Egypt’s Arab Misr Insurance Group – GIG will start next month negotiations with A.M. Best rating agency to receive…
Banks Amwal Al Ghad honors ‘Economic Figures of the Year’ Today Yomna Yasser Jan 18, 2015 0 Amwal Al Ghad, the leading economic magazine in Egypt and the Middle East, is holding today its first annual event…
Financial Institutions GIG Insurance Invests EGP5 million in New Suez Canal Project Yomna Yasser Sep 11, 2014 0 Egypt’s Arab Misr Insurance Group (GIG) bought today EGP 5 million (USD 699.056) worth of investment certificates…
Financial Institutions Arab Misr Insurance GIG , A.M Best Seek to Re-Credit Rating by March-End Salma Ayman Mar 3, 2014 0 Alaa El-Zoheiry, managing director of Arab Misr Insurance Group – GIG Egypt, said his company plans to negotiate…
Financial Institutions Arab Misr Insurance – GIG Attains EGP87.6 mln Written Premiums in 3 Months Salma Ayman Dec 16, 2013 0 Alaa El-Zoheiry, managing director of Arab Misr Insurance Group – GIG Egypt, said his company succeeded in…
Financial Institutions GIG Insurance Captures Policyholder Sewage Plant with EGP2 bln in Qalyubiyah Salma Ayman Nov 20, 2013 0 Alaa el-Zoheiry, managing director of Arab Misr Insurance Group – GIG Egypt, said his company succeeded to capture…
Financial Institutions Gulf Insurance Company Expands In UAE Through Acquiring Alliance Soon Administrator Apr 25, 2013 0 Kuwait’s Gulf Insurance Company K.S.C. (GIC) plans to expand regionally in United Arab Emirates in the upcoming…
Financial Institutions IFE To Establish Natural Disasters Insurance Pool Administrator Jan 10, 2013 0 The Insurance Federation of Egypt (IFE) plans to establish a natural disasters insurance pool, sources said. IFE’s…
Financial Institutions Egyptian Pound’s Fall Negatively Affects Insurance Market: Experts Administrator Dec 26, 2012 0 Insurance experts affirmed that the unstable value of the dollar will affect negatively on economy in general and…
Financial Institutions Egypt’s Insurance Premiums Hit EGP 10.562 Bln In FY 2011/12: El-Zoheiry Administrator Dec 17, 2012 0 The Egyptian insurance sector achieved high increase in premiums in the last fiscal year as they reached EGP 10.562…
Financial Institutions AMIG’s Net Profit Hits EGP 10.3 Mln In Q1 Administrator Nov 28, 2012 0 The Arab Misr Insurance Group's (AMIG) net profit reached EGP 10.3 million in Q1 of FY 2012/2013, compared to EGP 8…
Financial Institutions Insurance Federation Of Egypt Sets Date Of Candidature Today Administrator Oct 31, 2012 0 The board of directors of the Insurance Federation of Egypt (IFE) will hold a meeting today to set the starting…
Financial Institutions AMIG 9-Month Net Investment Income Hit EGP 14.9 Bln Administrator Oct 24, 2012 0 The Arab Misr Insurance Group’s (AMIG) net investment income rose to EGP 14.9 million in Q1 of FY 2012/2013,…
Financial Institutions El-Zoheiry: Micro Insurance Plays Key Role In Society Administrator Oct 3, 2012 0 Alaa El-Zoheiry, managing director of the Arab Misr Insurance Group (AMIG), emphasized on the importance of…
Financial Institutions IFE To Offer Watermarked Insurance Policies For Combating Fraud Administrator Oct 1, 2012 0 The Arab Misr Insurance Group's (AMIG) investigation sector succeeded in preventing fraud of insurance policies,…
Financial Institutions AMIG’s Premiums Hit EGP 302 Mln In FY 2011/12 Administrator Sep 18, 2012 0 The Arab Misr Insurance Group (AMIG) posted premiums of EGP 302 million in FY 2011/2012, up 11% from a year…
Financial Institutions AMIG Launches Burglary Insurance Policy Covering South Cairo Electricity Co. Administrator Aug 16, 2012 0 Arab Misr Insurance Group (AMIG) has launched the burglary insurance policy covering the South Cairo Electricity…
Financial Institutions Insurers Hail Reviving Ministry Of Investment Administrator Aug 4, 2012 0 Insurance experts affirmed that assigning Osama Saleh to lead the revived Ministry of Investment is a good step…
Financial Institutions Egypt To Host General Arab Insurance Federation Conference In 2014 Administrator May 21, 2012 0 Egypt will host the General Arab Insurance Federation Conference in 2014 which is held every two years and is…