AM Best assigns national scale rating of aa.EG to Suez Canal Insurance
AM Best has on Thursday has assigned the Egypt National Scale Rating (NSR) of aa.EG (Superior) to Suez Canal…
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Suez Canal Insurance Company
SCI renews Suez Canal’s $349 mln marine fleet insurance policy
Egypt’s composite insurer, Suez Canal Insurance Company (SCI) has renewed an insurance policy contract for Suez…
Suez Canal Insurance wins policy for East Port Said tunnel drilling equipment
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid to insure one of the drilling…
Suez Canal wins Egypt Anode’s $30 million insurance policy bid
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched by the country’s coke…
Suez Canal Insurance wins Cairo Metro Line I’s $34mn policy bid
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched for Cairo Metro Line…
Four local insurers competing for New Suez Canal’s insurance policy
Four Egyptian insurers are competing for an insurance policy designated for a project to build a tunnel under the…
Suez Canal Insurance wins Arish Cement Plant’s EGP2.2 billion Policy
Suez Canal Insurance, a leading Egyptian composite insurer, will provide insurance cover for the second phase of El…
Assiut University launches Insurance Policy worth EGP3 billion
Insurers in Egypt are competing to win an insurance policy tender for Assiut University’s assets and affiliated…
Suez Canal Insurance wins $120 million Policy for US Drilling Equipments
Suez Canal Insurance Company has won an insurance policy worth US$120 million, director of hull insurance sector…
Suez Canal Insurance’s Branches to hit 36 at end-2016
Suez Canal Insurance Company is targeting increasing its branches from 27 to 36 by the end of the next year, said…
Suez Canal Insurance: Hannover Re’s Reinsurance Treaty Renewed
Egypt’s Suez Canal Insurance Company (SCI) has renewed its agreement with German reinsurance company Hannover Re…
Suez Canal Insurance Preps for EGP50mn Initial Cap. Mutual Fund
Suez Canal Insurance Company is planning to launch a new equity mutual fund in the coming period, said managing…
Suez Canal Insurance Records EGP579 million in Total Investments in Q1
Egypt’s Suez Canal Insurance witnessed a decline of 8% in investments by end of first quarter of current fiscal…
8 Insurers Compete for Egyptian Holding Company for Airports’ EGP20bn Policy
Eight insurance companies are fighting off to win a tender designated to insure the assets and premises of the…
Suez Canal Insurance Attains EGP4mn Premiums in Marine Sector in Q1
Suez Canal Insurance Company attained EGP4.05 million insurance premiums of marine sector within the first quarter…
Suez Canal Insurance Eyes Investments Hike to EGP650mn in 2015
Egypt's Suez Canal Insurance Company (SCI) targets boosting its portfolio of investments to EGP 650 million by end…
Suez Canal Insurance Achieves EGP35.8mn Net Profits at June-2014
Suez Canal Insurance Company attained EGP35.828 million net profits at the end of the last fiscal year 2013/2014…
Suez Canal Insurance Eyes New Credit Rating early 2015
Egypt's Suez Canal Insurance Company (SCI) is targeting a new credit rating from one of the renewed global rating…
Suez Canal Insurance Eyes Paid-up Capital to EGP150mn in 3 Years
Egypt's Suez Canal Insurance Company plans to boost its paid-up capital by 41 million Egyptian pounds in the coming…
Suez Canal Insurance Eyes EGP450mn Premiums in FY14/15
Suez Canal Insurance Company eyes attaining EGP450 million premiums within the new current fiscal year of 2014/2015…
Suez Canal Insurance Posts EGP305mln Premiums in 9 Months
Suez Canal Insurance Company succeeded in attaining EGP305million premiums in the first 9 months of the ongoing…
Suez Canal Insurance Eyes Boosting Its Premiums to EGP1bln Within 5 Years
Mr. Mohamed Abdullah, Deputy Chairman and Managing Director of Suez Canal Insurance Company said his company set…
Marine Insurance Committee to Discuss the fallout of Ethiopia Dam
Essam Rashed, head of Marine Hull Insurance Committee and general manager of Marine Insurance sector at Suez Canal…
Suez Canal Non-life Insurance Posts 3.9% Increase In Premiums; H1, FY 2012/13
Suez Canal Non-life Insurance Company achieved premiums of EGP 213 million in the first half of FY 2012/2013,…
Suez Canal Insurance Renews Reinsurance Agreements With Hannover Re
Suez Canal Insurance Company succeeded in renewing reinsurance agreements with Germany's Hannover Re Group for next…
Suez Canal Insurance Premiums Hit EGP 146 Mln In Q1
Suez Canal Insurance Company achieved premiums of EGP 146 million in Q1 of FY 2012/2013, compared to EGP 144…
Marine Insurance Committee To Hold Symposium On Assessment Basics
The Marine Hull Insurance Committee at the Insurance Federation of Egypt (IFE) will hold a symposium on the basics…
Suez Canal Life Insurance To Split From Parent Company Next September
The procedures concerning the split of the Suez Canal Life Insurance Company from the Suez Canal Insurance Company…
Suez Canal Insurance Launches Three New Branches In September
Suez Canal Insurance Company targets to launch from five to ten new branches this fiscal year, said Ahmed Shoukry,…
Suez Insurance’s Car Compensations Hit EGP86.6 Mln In FY 2011/12
Suez Canal Insurance Company's paid car compensations reached EGP 86.6 million in FY 2011/2012 excluding revenues…
Insurers Overcame Economic Recession In FY 2011/2012
Achieving growth rates in the last fiscal year was difficult for insurance companies to achieve in Egypt amid the…
3 New Companies Enters Egyptian Insurance Market By New Fiscal Year
Suez Canal Life Insurance, Delta Life Insurance and Takaful Company will be starting their activities by the…
Suez Canal Insurance Receives 250 Claims For Stolen Cars Since Revolution
Suez Canal Insurance Company received 250 claims for stolen cars since last year’s revolution. Mohie EL Din Nassar,…