Wafa Life Insurance Egypt expects to sign its first-ever bankassurance deal in Q4
Wafa Life Insurance Egypt, a subsidiary of Moroccan insurer Wafa Assurance, said on Tuesday it was in final-stage…
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bancassurance
Misr Life Insurance National Bank of Egypt sign deal
Egypt’s state-run Misr Life Insurance Company has signed on Sunday a bancassurance agreement to offer and promote…
Egyptian Takaful Insurance strikes bancassurance deal with United Bank
Egyptian Takaful Insurance Co. (Property) has reached bancassurance partnership agreement with United Bank of…
Egyptian Life Takaful GIG, UAE’s FAB reach bancassurance deal
First Abu Dhabi Bank’s (FAB) Egyptian unit, one of the largest foreign banks in the country, and Egyptian Life…
Egyptian Life Takaful-GIG, NBK Egypt bank sign bancassurance tie-up
Egyptian Life Takaful Company – GIG has signed Thursday a bancassurance agreement with National Bank of Kuwait –…
Egyptian Life Takaful-GIG to activate bancassurance deal with NBK soon
Egyptian Life Takaful Company – GIG is entering into bancassurance partnership with the National Bank of Kuwait –…
Suez Canal Life Insurance eyes Doubled Branches in 3 Years
Egypt’s Suez Canal Life Insurance Company is planning to expand its network of branches to reach 25-30 offices in…
Iskan Insurance Starts Bancassurance Activities via HDB’s Two Branches
Iskan Insurance Company has recently started bancassurance activities through two branches of the Housing and…
Egyptian Life Takaful Plans Bancassurance Activities with ADIB Next Month
Egyptian Life Takaful Insurance Company is planning next month to start bancassurance activities through the…
MetLife Alico Cooperates with AlexBank and Barclays for Bancassurance Activities
Egypt’s Pharaonic American Life Insurance Company- Alico (MetLife Alico) is aiming to obtain a regulatory approval…
Suez Canal Insurance Eyes Paid-up Capital to EGP150mn in 3 Years
Egypt's Suez Canal Insurance Company plans to boost its paid-up capital by 41 million Egyptian pounds in the coming…
MetLife Alico Eyes Capital Increase to EGP70 mln in 2014
MetLife Alico (The Pharaonic American Life Insurance Company - Alico) is planning to pump EGP 10 million next…
EFSA Approves Insurance Federation Of Egypt’s Statute
The Egyptian Financial Supervisory Authority’s (EFSA) board of directors has approved the statute of the Insurance…
IFE Not Notified Officially With New Bancassurance Regulations
The Central Bank of Egypt (CBE) has not officially informed the Insurance Federation of Egypt (IFE) with the new…
CBE Gives Banks 3-Month Reprieve To Comply With Bancassurance Regulations
The Central Bank of Egypt (CBE) has brought new bancassurance regulations into effect so as to allow banks to offer…
Misr Life Insurance Set To Launch Bancassurance
Misr Life Insurance Company has announced that it is ready to launch bancassurance services in May and that it will…
CBE’s Governor Announces Re-launch Of Bancassurance In May
No intention to privatize banks in the near future The Central Bank of Egypt (CBE) has set the required regulations…
Recovery Of Bancassurance Service Is Subject To CBE’s Approval
Three insurance companies only were conducting bancassurance activity for more than five years in Egypt. Insurance…
Lebanon’s Bank Audi Sells Stake In LIA To Saham
Lebanon-based Bank Audi finalized its sale Wednesday of a majority stake in its LIA unit – an estimated over-$100…
Commercial Bank International To Partner With Oman Insurance Company
Commercial Bank International (CBI) has announced the launch of a strategic alliance with Oman Insurance Company to…
Morocco’s Saham To Acquire Majority of Bank Audi’s Insurance Company
Bank Audi has reached an agreement to sell most of its stake in LIA Insurance company to a major Moroccan financial…