Latest in Tag: insurance Highlight
Latest in Tag: insurance
MAVEN Developments, AXA partner on insurance for Baymount Sokhna units owners
MAVEN Developments and AXA General Insurance, one of the world’s largest insurance companies, have signed a partnership agreement to provide insurance services to unit owners at Baymount Sokhna developments.
Egypt scores EGP 1.8bn in profit share at Misr Insurance Holding Company
Establishment of medical insurance companies, financial leasing, factoring, consumer financing, and micro-finance are under review
Egypt successfully issues, collects micro insurance policies online: IFE Chairperson
IFE hopes to increase number of policies issued via digital platforms, says Alaa El-Zoheiry
Egypt’s comprehensive health insurance system reaches Ismailia
Ismailia is one of five governorates taking part in first phase of new system
FRA approves Wafa Life Insurance Egypt’s licence for life, health insurance
Egyptian market operations boasts EGP 150m in shareholder equity
FRA adds funding insurance premiums to consumer finance activities
Decision also includes membership fees for sports clubs
NBE starts selling Ma’ash Bokra insurance policies on Sunday
Policies issued in cooperation with Misr Life Insurance
2.2 million citizens registered in 1st phase of health insurance system
The system was launched in July 2019 in Port Said governorate
InsurTech Egypt promotes insurance technology, launches its first hackathon “InsurHack”
Germany’s development agency GIZ, on behalf the German government, announced the launch of “InsurTech Egypt” platform initiating “InsurHack”, the first insurance technology hackathon – a design sprint-like event – in Egypt, which tackles challenges that face the insurance industry. According to the Financial Regulatory Authority, the insurance industry is estimated to represent almost 0.91% of …
Early stage of comprehensive healthcare insurance registers over a million citizens
This came four months after the start of the experimental stage’s launch in July
Al-Sisi follows up on early stages of comprehensive healthcare insurance
President calls for organising awareness campaigns for citizens over the new system
Al-Sisi orders accurate implementation of health insurance system for good quality
Ministry of Health announced the implementation of the new system in Port Said governorate
Total loss cars to be only sold through auctions
Value of compensation set according to market value, value of insurance policy
EFG Hermes considers entering insurance sector
Company focuses on enhancing its market share in Africa
Africa Re selects MIC as best insurance company for 2019 in Africa
MIC 1st Egyptian private insurance company to be given this award
Sarwa Capital obtains licences to commence insurance business
Sarwa Capital Holding for financial investments, announced on Monday the receipt of the requisite licences from the Financial Regulatory Authority (FRA) in order to commence offering life and general insurance products. Accordingly, two new companies will be commenced, Sarwa Insurance Company, which will provide property and liability insurance, and Sarwa Life Insurance Company, which will …
Egypt is among largest Arab markets, insurance diffusion remains low: El Khatib
Company’s assets increase by 19% for last 3 years, after distributing $10m of dividends in 2017
Egyptians spend about $16 on insurance: IFE
Insurance sector ranks fourth in Africa in terms of sector’s activity growth rates
Sharm El-Sheikh Insurance, Reinsurance Rendezvous to kick off 28 October
IFE coordinates with Egyptian Tourism Authority to exploit conference for promoting tourism in Egypt, El-Zoheiry
GIG ranks first among private sector insurance companies in Egypt in FY 2017/2018: chairperson
Company achieved premiums worth EGP 971m in FY 2017/2018, says El-Zoheiry
New regulatory reforms to support Egypt’s insurance sector: OBG
The series of reforms adopted by the Egyptian authorities to expand insurance penetration, with the expectation that regulatory measures, coupled with the rollout of universal health coverage, will lead to a doubling of premiums within the next five years, according to Oxford Business Group (OBG)’s Egypt economic update issued on Monday. According to the report, …
Insurance coverage of King Tut belongings to be shown abroad valued at $862m: El-Anany
Ministry expects returns of $5m, exhibition expected to take place in 10 world cities, antiquities minister says
Premiums of insurance companies exceed EGP 17bn at end of last fiscal year: EFSA
Samy stressed the importance of developing the compulsory insurance system
Allianz Egypt, Emirates NBD-Egypt offer property and casualty insurance
The services are introduced to meet the increasing sophisticated needs of Egyptian customers
Doctors’ Syndicate threatens legal action if health insurance bill passes unamended
The syndicate has been calling for substantial amendments to the bill since it was drafted
Moody’s appraise banking regulations, insurance in Egypt
The report explained that these regulations will mitigate the credit risk in banks’ growing retail portfolios and will reduce banks’ asset quality vulnerability that has been the result of focusing on large single-corporate customers.
In Video: Doctors protest for patients & doctors rights in health insurance
Doctors protest at doctors syndicate in Cairo calling on the rights of doctors within the state’s health insurance sector to get equally paid as doctors in public sector. Doctors also protested for the better working conditions of doctors in health insurance to insure a better service for the patient since this is where the …
Cabinet concerned over new health insurance bill budget
New bill will be drafted within two weeks for parliament review
New ‘Car City’ raises controversy
The 20-year usufruct system hinders idea of establishing New Car City, says businessman
Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth