Egypt, UAE ink insurance partnership deal
Egypt’s Misr Insurance Company signed a $10 million strategic partnership with the UAE’s Al Ain Ahlia Insurance Co…
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Misr Insurance Company
Egypt plans to launch Misr Life Insurance IPO by June-end
Egypt plans to list state-run Misr Life Insurance in an initial public offering (IPO) of 25 percent of its shares…
Misr Insurance plans IPO for life arm in H2/2022
Egyptian state-owned Misr Insurance Holding (MIHC) plans to offer 25 percent of shares in its Misr Life Insurance…
Egypt’s KIMA endorses insurance policy to cover ammonia-urea complex
The Egyptian Chemical Industries Company (KIMA) said on Monday its board endorsed an insurance policy to cover its…
Four insurers lining up to cover assets of Egypt’s top cigarette maker
Four Egyptian insurers are vying to win an insurance policy tender to cover the assets and properties of Egypt’s…
Four insurers lining up bids for TAQA Arabia’s insurance policy
Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia’s assets, sources familiar…
Fitch assigns ‘AA(egy)’ IFS rating to Egypt’s Misr Insurance; outlook stable
Fitch Ratings has assigned a National Insurer Financial Strength (IFS) Rating of 'AA(egy)' to Egypt’s state-run…
AM Best affirms bbb long-term issuer credit rating on Egypt’s Misr Insurance
Global credit rating agency AM Best affirmed its B++ (Good) financial strength rating and “bbb” long-term issuer…
Egypt’s Misr Insurance premiums grow 3.9% in FY2019/20
Egypt’s Misr Insurance reported on Tuesday a 3.9 percent surge year-on-year in its premiums to record 9.341 billion…
Egypt’s Misr Insurance to cover assets of Port Said Container – sources
Egypt’s Misr Insurance has won an insurance policy tender to cover assets and equipment of the state-owned Port…
Misr Insurance starts clinching deal with Egypt Trust to activate e-signature for…
Egypt’s state-run Misr Insurance has started signing a contract with Egypt Trust to activate the electronic…
Misr Insurance to cover judges overseeing Egypt’s senate elections – sources
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover judges supervising the country’s…
Three insurers bid for Alexbank’s blanket bond policy
AlexBank, a member of Italian bank Intesa Sanpaolo, has received the technical and financial offers from three…
Egypt’s Misr Insurance Company seizes natural gas loans policy worth 50 mln pounds
Egypt's Misr Insurance Company has signed an agreement with Nasser Social Bank and the Egyptian Natural Gas Holding…
8 insurers vying to win a mandate to cover Egypt GASCO’s assets
State-run Egyptian Natural Gas Company (GASCO) is trading off among eight insurers seeking to win a mandate to…
South Cairo and Giza Flour Mills launches property insurance policy tender
The state-run South Cairo and Giza Mills and Bakeries has put out to tender a new insurance policy to cover its…
Misr Asset Management in talks to run fixed income, capital guarantee funds
Egypt’s Misr Asset Management (MAM), the investment bank arm of Misr Insurance Holding, is negotiating to win the…
Misr Insurance wins Etisalat Misr’s insurance policy tender
Misr Insurance Company has won a tender to provide insurance cover for Etisalat Misr, the Egyptian arm of UAE…
Egypt’s Misr Insurance net profit climbs 21.91% in Q1-FY2016/17
Egypt's state-owned Misr Insurance Company announced Saturday that net profit rose 21.91 percent to 302.3 million…
5 qualifiers vying to win Telecom Egypt’s insurance policy tender
Five insurers are competing to win the new personal accident and public transportation insurance policy launched by…
A.M. Best affirms Egypt’s Misr Insurance Company credit rating at bbb
A.M. Best has affirmed Thursday the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating…
Three qualifiers vying to win Egyptian bourse’s insurance policy tender
Three insurers are fiercely competing to win an insurance policy tender launched by the Egyptian stock Exchange…
Misr Asset Management plans running two state-run mutual funds
Misr Asset Management, the investment bank arm of Misr Insurance Holding, is planning to run two new mutual funds…
Three insurers bidding for West Cairo power station insurance policy
Three insurers so far in Egypt are bidding to win a new insurance policy for West Cairo power station, sources with…
Misr Insurance to insure Evergrow Fertilisers’ plant for $78.8 mln
Egypt’s Misr Insurance Company has won a policy bid to insure a fertilisers plant owned by Evergrow, an Egyptian…
Misr Insurance renews medical policy for 700 ministers, deputies, governors
Egypt’s Misr Insurance Company has renewed the medical insurance policy for the country’s cabinet members,…
Misr Insurance expects new credit rating from A.M. Best in Oct
Egypt’s Misr Insurance Company says targets an A rating from BBB in the coming few years and will start next…
Misr Insurance compensates SUMED $2.4 mln for turbine breakdown
Egypt’s Misr Insurance Company said Wednesday it had paid Arab Petroleum Pipelines Company – SUMED $2.4 million…
Misr Insurance compensates Shelf Drilling $45 mln for drillship loss in Suez Canal
Egypt’s Misr Insurance Company has paid Dubai-based Shelf Drilling Holdings compensation worth $45 million for the…
Misr Insurance pays $400,000 compensation for a navigation company
Egypt’s Misr Insurance Company says it has paid one of the navigation companies operating in the country a $400,000…
Misr Insurance compensates EgyptAir $18 mln for MS804 plane crash
Egypt’s Misr Insurance Company has paid EgyptAir $18 million for the loss of the Airbus A320-232 which crashed the…
Misr Insurance renews IFFCO Egypt’s $405.4 mln insurance policy
The leading insurer in MENA region, Misr Insurance Company has renewed an insurance policy for the assets of IFFCO…
Misr Insurance renews Nasr Petroleum’s $394 mln insurance policy
The leading insurer in MENA region, Misr Insurance Company has renewed a medical insurance policy bid for Nasr…
Misr Insurance wins Elsewedy Cables’ $38.3 mln medical insurance policy bid
The leading insurer in MENA region, Misr Insurance Company has won a medical insurance policy bid launched by…
South Cairo and Giza flour Mills launches $30 mln insurance policy
Egypt’s South Cairo and Giza Mills and Bakeries (SCFM.CA), a subsidiary of the Holding Company for Food Industries,…
Egyptian Tourism Federation tenders $12.6mn insurance policy
The Egyptian Tourism Federation has launched a call for tenders on a new insurance policy tailored for its assets…
Alexandria tram operator launches $33.8 million insurance policy tender
The state-run Alexandria Passenger Authority (APTA) has launched a call for tenders on a new insurance policy…
Misr Iran Bank Q1 customer deposits record 11 bln Egyptian pounds
Egypt’s Misr Iran Development Bank (MIDB) registered y-o-y rise in customer deposits to reach 11 billion Egyptian…
Misr Insurance pays $1 million compensation for Egyptian Navigation Company
The leading insurer in MENA region, Misr Insurance Company has paid the state-run Egyptian Navigation Company (ENC)…
Misr Insurance renews Etisalat Egypt’s $901mn policy
The leading insurer in MENA region, Misr Insurance Company has renewed an insurance policy for the Egyptian arm of…