Tech/AI Egypt’s SCI achieves EGP170.5 mln premiums in 6m Nada Ali Jan 14, 2024 0 Egypt’s Suez Canal Insurance (SCI) company achieved premiums of marine hull insurance worth 170 million Egyptian…
Money AM Best assigns national scale rating of aa.EG to Suez Canal Insurance Yomna Yasser Nov 5, 2023 0 AM Best has on Thursday has assigned the Egypt National Scale Rating (NSR) of aa.EG (Superior) to Suez Canal…
Financial Institutions Four insurers lining up bids for TAQA Arabia’s insurance policy Eslam Abdelhameed Jan 10, 2021 0 Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia’s assets, sources familiar…
Money AM Best assigns Suez Canal Insurance’s rating at bb-, with stable outlook Eslam Abdelhameed & Alzahraa Mostafa May 18, 2020 0 AM Best has assigned a financial strength rating of B- (Fair) and a long-term issuer credit rating of "bb-" to Suez…
Money Suez Canal Insurance, Hannover Re renew reinsurance deal for 2020 Alzahraa mostafa Jan 5, 2020 0 Egypt’s Suez Canal Insurance has renewed a reinsurance contract with German reinsurer Hannover Re for another year.
Featured Suez Canal Insurance wins policy bid for Assiut-Sohag road project Eslam Abdelhameed May 16, 2019 0 Egyptian Suez Canal Insurance (SCI) won an insurance policy bid of 132 million Egyptian pounds ($7.7 million)…
Money Suez Canal Insurance wins policy bid for New Alamein’s utilities project Eslam Abdelhameed May 6, 2019 0 Egypt’s Suez Canal Insurance (SCI) won an insurance policy bid to cover a new project to implement utilities works…
Featured Suez Canal Insurance wins policy bid for 6th October-El Wahat road project Eslam Abdelhameed May 1, 2019 0 Egyptian Suez Canal Insurance (SCI) won an insurance policy bid of 195 million Egyptian pounds ($11.4 million)…
Financial Institutions Suez Canal Insurance wins a $669k civil liability policy tender Eslam Abdelhameed Sep 13, 2018 0 Egyptian composite insurer Suez Canal Insurance (SCI) has won a civil liability insurance tender launched by the…
Financial Institutions Suez Canal Insurance wins AlexBank $103 mln assets insurance contract Eslam Abdelhameed Aug 1, 2018 0 Egyptian composite insurer Suez Canal Insurance (SCI) has won a $102 million tender from AlexBank, a member of…
Financial Institutions Suez Canal Insurance eyes investments up to 754 mln pounds June-end aya salah Dec 31, 2017 0 Egyptian composite insurer Suez Canal Insurance seeks to increase its investments portfolio by the end of June…
Financial Institutions Suez Canal Insurance to start rating request talks with A.M. Best next month Yomna Yasser Aug 9, 2017 0 Egyptian composite insurer Suez Canal Insurance (SCI) will start talks with the rating agency A.M. Best next…
Financial Institutions 8 insurers vying to win a mandate to cover Egypt GASCO’s assets Yomna Yasser Jul 2, 2017 0 State-run Egyptian Natural Gas Company (GASCO) is trading off among eight insurers seeking to win a mandate to…
Financial Institutions Suez Canal Insurance renews reinsurance deal with Germany’s Hannover Re Yomna Yasser Dec 26, 2016 0 Egyptian composite insurer Suez Canal Insurance has renewed reinsurance agreement for 2017 with Germany’s Hannover…
Financial Institutions Three insurers bidding for West Cairo power station insurance policy Yomna Yasser Sep 8, 2016 0 Three insurers so far in Egypt are bidding to win a new insurance policy for West Cairo power station, sources with…
Financial Institutions SCI renews Suez Canal’s $349 mln marine fleet insurance policy Yomna Yasser Aug 22, 2016 0 Egypt’s composite insurer, Suez Canal Insurance Company (SCI) has renewed an insurance policy contract for Suez…
Financial Institutions Suez Canal Insurance wins policy for East Port Said tunnel drilling equipment Yomna Yasser Jul 2, 2016 0 Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid to insure one of the drilling…
Financial Institutions Suez Canal wins Egypt Anode’s $30 million insurance policy bid Yomna Yasser May 9, 2016 0 Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched by the country’s coke…
Financial Institutions Suez Canal Insurance wins Cairo Metro Line I’s $34mn policy bid Yomna Yasser Mar 7, 2016 0 Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched for Cairo Metro Line…
Financial Institutions Suez Canal Insurance launches representative office in Fayoum Yomna Yasser Feb 8, 2016 0 Egypt's leading composite insurer, Suez Canal Insurance has inaugurated a new branch and representative office in…
Financial Institutions Market regulator approves Suez Canal Insurance’s $6.4mn fund Yomna Yasser Nov 28, 2015 0 Egypt's leading composite insurer, Suez Canal Insurance has obtained a regulatory approval to establish its cash…
Financial Institutions Suez Canal Insurance renews reinsurance contracts with Germany’s Hannover Re Yomna Yasser Nov 19, 2015 0 Egypt's leading composite insurer, Suez Canal Insurance has recently renewed its reinsurance contracts for 2016…
Financial Institutions Misr Insurance wins Zewail Science City’s US$64.2mn Policy Yomna Yasser Aug 23, 2015 0 The leading insurer in MENA region, Misr Insurance Company has won a policy bid to insure the assets and properties…
Financial Institutions Suez Canal Insurance registers $56mln-premuims in 11 Months Noha Gad Jun 4, 2015 0 Egypt’s Suez Canal Insurance has registered premiums volume of EGP 430 million (US$56.3 million) within the first…
Financial Institutions Suez Canal Insurance wins Petrojet’s $262.2 million Policy Yomna Yasser Apr 30, 2015 0 Egypt’s leading composite insurer, Suez Canal Insurance, has been selected to insure the oil company, Petrojet’s…
Financial Institutions Suez Canal Insurance wins Arish Cement Plant’s EGP2.2 billion Policy Yomna Yasser Apr 8, 2015 0 Suez Canal Insurance, a leading Egyptian composite insurer, will provide insurance cover for the second phase of El…
Financial Institutions Suez Canal Insurance wins $120 million Policy for US Drilling Equipments Yomna Yasser Feb 4, 2015 0 Suez Canal Insurance Company has won an insurance policy worth US$120 million, director of hull insurance sector…
Financial Institutions Suez Insurance’s Workers Donate EGP0.5 million to ‘Long Live Egypt’ Fund Yomna Yasser Jan 6, 2015 0 Workers in Suez Canal Insurance, a leading Egyptian composite insurer, decided to contribute to the national…
Financial Institutions Suez Canal Insurance records 9.7% Premiums Growth in 6 Months Yomna Yasser Jan 5, 2015 0 Suez Canal Insurance, a leading Egyptian composite insurer, has realised a y-o-y growth of 9.7% in issued premiums…
Financial Institutions Suez Canal Insurance: Hannover Re’s Reinsurance Treaty Renewed Yomna Yasser Dec 29, 2014 0 Egypt’s Suez Canal Insurance Company (SCI) has renewed its agreement with German reinsurance company Hannover Re…
Financial Institutions Who’s Who in Egypt’s Reinsurance Company Constituent Committee Yomna Yasser Dec 9, 2014 0 The committee to form Egypt’s first national reinsurance company will encompass 12 insurance firms alongside 3…
Financial Institutions Suez Canal Insurance Preps for EGP50mn Initial Cap. Mutual Fund Yomna Yasser Nov 24, 2014 0 Suez Canal Insurance Company is planning to launch a new equity mutual fund in the coming period, said managing…
Financial Institutions Suez Canal Insurance Records EGP579 million in Total Investments in Q1 Yomna Yasser Nov 24, 2014 0 Egypt’s Suez Canal Insurance witnessed a decline of 8% in investments by end of first quarter of current fiscal…
Financial Institutions Who’s Who: 12 Insurance Companies Invested in Second Suez Canal Project Yomna Yasser Sep 21, 2014 0 Twelve insurance companies operating in Egyptian market have bought EGP 549 million worth of investment…
Financial Institutions Suez Canal Insurance Invests EGP10mn in New Suez Canal Project Yomna Yasser Sep 9, 2014 0 Suez Canal Insurance has bought today EGP 10 million worth of investment certificates dedicated to finance the new…
Financial Institutions Suez Canal Insurance Eyes Investments Hike to EGP650mn in 2015 Yomna Yasser Aug 20, 2014 0 Egypt's Suez Canal Insurance Company (SCI) targets boosting its portfolio of investments to EGP 650 million by end…
Financial Institutions Suez Canal Insurance Eyes New Credit Rating early 2015 Yomna Yasser Aug 16, 2014 0 Egypt's Suez Canal Insurance Company (SCI) is targeting a new credit rating from one of the renewed global rating…
Financial Institutions Suez Canal Insurance Eyes Paid-up Capital to EGP150mn in 3 Years Yomna Yasser Aug 14, 2014 0 Egypt's Suez Canal Insurance Company plans to boost its paid-up capital by 41 million Egyptian pounds in the coming…
Financial Institutions Misr Insurance Inks Helwan South Steam Power Plant’s Policy with EGP10bn Salma Ayman Aug 13, 2014 0 An official sources in Misr Insurance Company revealed that the company will be signing today an insurance policy…
Financial Institutions Suez Canal Wins €30mn Insurance Policy Yomna Yasser Jul 31, 2014 0 Egypt's Suez Canal Insurance (SCI) will provide insurance cover for one of the contracting companies specialized in…