Money AM Best affirms GIG Insurance Egypt credit rating at bbb+ Yomna Yasser Oct 11, 2023 0 AM Best affirmed on Wednesday GIG Insurance – Egypt’s (GIG-Egypt) financial strength rating of bbb+ (Good) and the…
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 GIG Insurance Egypt chooses Baker McKenzie as legal counsel to acquire AIG Egypt Eslam Abdelhameed Aug 10, 2022 0 GIG Insurance – Egypt has appointed Helmy, Hamza & Partners, Baker McKenzie Cairo office as its legal counsel…
Money GIG Insurance Egypt picks Prime as financial advisor to acquire AIG Egypt Eslam Abdelhameed Aug 10, 2022 0 GIG Insurance – Egypt has appointed Egyptian investment bank Prime Holding as a financial advisor in a deal to buy…
Egypt News GIG Egypt insurance submits $238 million offer to buy AIG Nada Ali Aug 9, 2022 0 Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
Money GIG Egypt Life Takaful’s gross written premiums exceed EGP 1 billion in FY22 Eslam Abdelhameed Jul 4, 2022 0 The value of gross premiums written by GIG Egypt – Life Takaful Company has exceeded 1 billion Egyptian pounds ($53…
Money AM Best affirms gig Egypt’s B++ rating, with stable outlook Eslam Abdelhameed Sep 12, 2021 0 AM Best affirmed on Thursday gig Insurance - Egypt's (gig-Egypt) financial strength rating of B++ (Good) and 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 Four insurers lining up to cover assets of Egypt’s top cigarette maker Eslam Abdelhameed Jun 2, 2021 0 Four Egyptian insurers are vying to win an insurance policy tender to cover the assets and properties of Egypt’s…
Money On International Women’s Day, GIG Insurance – Egypt unveils special discount Amwal Al Ghad English Mar 8, 2021 0 On International Women’s Day, GIG Insurance – Egypt is offering a 50 percent discount on its personal accident…
Money Moody’s completes periodic review of ratings of GIG Insurance – Egypt Amwal Al Ghad English Mar 4, 2021 0 Moody's Investors Service announced on Thursday that it has completed a periodic review of the ratings of GIG…
Financial Institutions Four insurers lining up bids for TAQA Arabia’s insurance policy Eslam Abdelhameed Jan 10, 2021 0 Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia’s assets, sources familiar…
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 wins policy bid for El Wahat-Ring Road crossing Eslam Abdelhameed Aug 28, 2019 0 Egypt’s Arab Misr Insurance Group- GIG won an insurance policy bid launched by the state-owned oil firm Petroject…
Financial Institutions A.M. Best affirms GIG-Egypt’s BBB rating Eslam Abdelhameed Aug 11, 2018 0 Rating agency A.M. Best on Thursday maintained Egypt-based Arab Misr Insurance Group’s (GIG-Egypt) “BBB” issuer…
Financial Institutions GIG-Egypt wins Petrojet $207 mln assets insurance contract Eslam Abdelhameed Aug 2, 2018 0 Egypt’s Arab Misr Insurance Group – GIG has won a 3.7 billion Egyptian pound ($207.1 million) tender to provide…
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 GIG-Egypt wins Kuwaiti AlKharafi’s $32mn Athens Cypria hotel insurance policy Yomna Yasser Aug 7, 2017 0 Egypt’s Arab Misr Insurance Group – GIG has won a $32 million hotel insurance policy tender launched by Kuwait's Al…
Financial Institutions A.M. Best affirms GIG-Egypt’s rating at BBB with stable outlook Yomna Yasser Jun 28, 2017 0 A.M. Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb”…
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 wins Petrojet’s insurance policy bid worth multi-billion pounds Yomna Yasser Jun 1, 2016 0 Egypt’s Arab Misr Insurance Group – GIG-Egypt has won a policy bid for the country’s state-owned Petroleum Projects…
Financial Institutions A.M. Best affirms GIG-Egypt’s ratings at ‘BBB’ Yomna Yasser May 30, 2016 0 A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “BBB” of Egypt’s…
Financial Institutions Egypt Tenders EGP1.7bn Insurance Policy for West Damietta Power Plant Project Yomna Yasser Nov 30, 2014 0 Insurers in Egypt are competing to win an insurance policy for the second phase of West Damietta Power Plant…
Financial Institutions 8 Insurers Compete for Egyptian Holding Company for Airports’ EGP20bn Policy Yomna Yasser Nov 20, 2014 0 Eight insurance companies are fighting off to win a tender designated to insure the assets and premises of the…
Financial Institutions A.M. Best Affirms Ratings of Arab Misr Insurance Group at ‘BBB’ Yomna Yasser Jun 10, 2014 0 A.M. Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb" of Egypt's…
Financial Institutions EFSA Approves GIG’s Political Violence Coverage Annexed To Export Guarantee Policy Administrator May 29, 2013 0 The Egyptian Financial Supervisory Authority (EFSA) has approved the political violence coverage annexed to the…