Telecom Egypt launches property insurance policy tender of 35 bln pounds
State-owned Telecom Egypt, which has a monopoly on the country's landlines, has put out to tender on a new…
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Insurance
Delta Insurance posts 168 million pounds in foreign currency surplus in June
Egypt’s Delta Insurance Company says it has had 168 million Egyptian pounds ($9.5 million) in foreign currency…
Saudi regulator calls for consolidation in crowded insurance sector
Saudi Arabia’s insurance industry needs more consolidation and foreign input to help create solid companies capable…
Zurich Insurance expects $700 million in hurricane claims
Zurich Insurance Group AG (ZURN.EB) said on Thursday that it expects to pay out aggregate third-quarter claims…
Iskan Egypt wins mandate for TE Data’s personal accident insurance policy
Egypt’s Iskan Insurance Company has won a mandate to offer personal accident insurance cover for the employees of…
Trump says he’s likely to sign healthcare order this week
President Donald Trump said on Tuesday he likely will sign an order this week that is expected to allow Americans…
Insurance market Lloyd’s of London pre-tax profit falls 16%
Lloyd's of London reported a 16 percent decline in half-year pre-tax profit on Thursday, and faces a challenging…
Congress revisits Obamacare, this time with a bipartisan twist
The U.S. Congress was wrestling with healthcare again on Tuesday, as lawmakers from both parties considered some…
Insurance Federation of Egypt appoints new head
Egypt’s Insurance Federation (FEI) has voted Alaa El-Zouhery, managing director of Arab Misr Insurance Group – GIG,…
Egypt launches first state-run takaful insurance firm
Egypt’s first government-owned takaful insurance company is expected to commence operations within six months,…