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 insurance policy provides coverage for any damage or loss of the company’s goods during land transportation against fire and traffic accident.

In addition, Wethaq Takaful Insurance recently renewed an insurance policy with value of EGP 180 million covering Ministry of Electricity and Energy’s projects in East oweinat.

It is worth mentioning that Wethaq Takaful Insurance Company’s premiums registered  EGP 91.5 million in FY 2010-2011.