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…
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Orient Takaful to cover new project in Egypt’s new capital
Orient Takaful Insurance Company said on Monday it won a mandate to provide an insurance cover for the first phase…
Allianz reaches group life insurance deal with Egypt’s United Bank
Allianz Egypt, part of German insurer Allianz, signed on Thursday a group life insurance deal with Egypt’s…
‘Insurance gap’ threatens disaster-prone developing nations: Lloyd’s
Disaster-vulnerable developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when…
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the U.S. dollar after launching a roadshow…
Egypt may turn to hedging against wheat price spike
To cope with a sudden hike in wheat prices, the world’s biggest importing nation is considering an unusual tactic:…
Egypt inks oil hedging deals with two banks – Reuters
Egypt has signed insurance contracts with two global banks to hedge against fluctuating global oil prices, a senior…
Egyptians spending an average of $16 on insurance: IFE
Average per capita spending on insurance in Egypt reached $16, making it rank 85th globally, the country’s…
A.M. Best affirms GIG-Egypt’s BBB rating
Rating agency A.M. Best on Thursday maintained Egypt-based Arab Misr Insurance Group’s (GIG-Egypt) “BBB” issuer…
GIG-Egypt wins Petrojet $207 mln assets insurance contract
Egypt’s Arab Misr Insurance Group – GIG has won a 3.7 billion Egyptian pound ($207.1 million) tender to provide…