Takaful captures 9.6% of Egypt total insurance premiums in two months
Takaful firms have managed to grab 8 percent of the total insurance premiums in Egypt during January and February,…
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Insurance
Munich Re affirms profit outlook after Q1 profit surge
German reinsurance giant Munich Re announced Tuesday that net profit surged to 557 million euros ($608 million) in…
3 insurers vying to win Egyptian pilgrims’ insurance cover tender
Three insurers are competing to win this year’s pilgrimage travel insurance cover tender launched by the Egyptian…
US 9/11 lawsuit seeks $4.2 billion from Bin Laden companies, Saudi banks
Two Saudi banks, along with businesses related to the family of Osama bin Laden are facing more than $4 billion in…
US House delays vote on healthcare bill
U.S. President Donald Trump has warned Republicans that he wants a vote on a new healthcare bill to go through…
GIG wins Egyptian Iron and Steel’s insurance policy tender
Arab Misr Insurance Group – GIG has won a tender to provide insurance cover for one of Egypt’s largest public…
US Republicans unveil plan to dismantle Obamacare, critics pounce
Long-awaited legislation to dismantle Obamacare was unwrapped on Monday by U.S. Republicans, who called for ending…
US Texas to execute killer-for-hire
The state of Texas, in the southern U.S., on Tuesday prepared to implement a man convicted of taking $2,000 for the…
Intesa Sanpaolo won’t make takeover bid for insurer Generali
Italy's second-largest bank, Intesa Sanpaolo SpA announced Friday evening that it has decided against launching a…
EGTAK renews insurance cover deal for United Bank of Egypt’s assets
Egyptian Takaful Property and Liability Insurance (EGTAK) has renewed an insurance coverage agreement with the…