Wethaq Takaful Egypt targets S&P, A. M. Best credit ratings by FY2018-19
Egypt’s Wethaq Takaful Insurance Company says it is seeking a new credit rating from a number of global credit…
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Wethaq Takaful Insurance Company
Kuwait’s Wethaq Takaful divests Egyptian unit for $4.3mn
Kuwait-based Wethaq Takaful Insurance Company announced Thursday it intends to sell its stake in the Egyptian unit,…
Wethaq Takaful Insurance Eyes EGP120mn Premiums in FY14/15
Wethaq Takaful Insurance Company eyes attaining EGP120 million premiums within the current fiscal year of…
Wethaq Takaful Targets EGP 200 mln Investments in 2014
Wethaq Takaful Insurance Company is aiming to achieve EGP 200 million investments by the end of the current fiscal…
Wethaq Takaful Achieves EGP 190 Mln In FY2012/2013
Wethaq Takaful Insurance Company has succeeded to achieve EGP 190 million investments in the last fiscal year…
Wethaq Takaful To Increase Capital To EGP 60 Mln Next March
Wethaq Takaful Insurance Company plans to increase its capital from EGP 55.5 million to EGP 60 million next March.…
Wethaq Takaful To Raise Capital To EGP 60 Mln In 2013
Wethaq Takaful Insurance Company targets to raise its capital from EGP 55.5 million to EGP 60 million in 2013, said…
Wethaq Takaful Insurance Eyes EGP 13 Mln Profit In FY 2012/13
Wethaq Takaful Insurance Company targets to achieve profits of EGP 13 million in FY 2012/2013, said Abdel Latif…
Wethaq Takaful In Talks With Reinsurers To Renew Contracts
Wethaq Takaful Insurance Company is conducting negotiations with foreign reinsurers to renew reinsurance agreements…
Wethaq Takaful Insures Two Drillers With 160 Mln
Wethaq Takaful Insurance Company signed engineering insurance contract to insure two drillers for a year with more…
Wethaq Takaful Insures Paint Company’s Employees With EGP 650,000
Wethaq Takaful Insurance Company signed medical insurance contract to insure the employees of a paint company for a…
Wethaq Takaful Reported EGP 200,000 Insurance Surplus Increase In Q1
Wethaq Takaful Insurance Company achieved an increase of EGP 200,000 in insurance surplus in Q1 of FY 2012/2013.…
Wethaq Insurance’s New Branch In Nasr City Costs EGP 500,000
Abdel Aziz Labib, financial director of Wethaq Takaful Insurance Company, said the costs of developing and…
Wethaq Takaful’s Premiums Down By 15% In FY 2011/12
Wethaq Takaful Insurance Company posted premiums of EGP 77.4 million in FY 2011/2012, down from EGP 91.5 million,…
Wethaq Expected To Post EGP 7 Mln Profit For FY 2011/12
Initial indications showed that the Wethaq Takaful Insurance Company’s profit reached EGP 7 million in FY…
EFSA Approves Wethaq’s Road Insurance Policy
Wethaq Takaful Insurance Company has received the Egyptian Financial Supervisory Authority’s approval over the road…
Wethaq Awaits EFSA’s Approval Over Road Insurance Policy
Wethaq Takaful Insurance Company awaits the Egyptian Financial Supervisory Authority (EFSA)’s approval over the…
Wethaq Takaful Insurance Moves To Temporary Headquarters Next Week
Wethaq Takaful Insurance Company will move to its temporary headquarters in Dokki on July 5th. The Company was…
Insurance Sector Seen 8% To 10% Growth In FY2011/12
Dr. Adel Mounir, Egyptian Financial Supervisory Authority (EFSA) Vice-Chairman, said the insurance sector is…
Wethaq Takaful Insures SFD For EGP 500 Mln
Wethaq Takaful Insurance Company has signed the insurance policy covering Social Fund for Development for EGP 500…
Wethaq Eyes EGP 7 Mln Net Profit In FY 2012/2013
Wethaq Takaful Insurance Egypt targets achieving net profit of EGP 7 million in the next FY 2012/2013. Shareholders…
Wethaq Takaful Insures Harvest Factories
Wethaq Takaful Insurance Company signed the insurance policy covering Harvest Foods factories with an insurance…
Egyptian Takaful Life Insures Wethaq’s Employees
Egyptian Takaful Life signed the insurance policy covering the employees of Wethaq Takaful Insurance Company with…
Wethaq Insures Electric Cables Project In Sheikh Zayed
Wethaq Takaful Insurance Company Singed the insurance policy with value of EGP 58 million covering electric cables…
Wethaq Insures Electric Cable Company With EGP 300 Mln
Wethaq Takaful Insurance Company signed an EGP 300 million insurance policy with a company for electric cables. The…
Wethaq Renews Unionaire’s Marine Cargo Insurance Policy
Wethaq Takaful Insurance Company renewed the marine cargo insurance policy of Unionaire Group for 2012, giving a…