The Egyptian Financial Supervisory Authority's (EFSA) board of directors has approved the statute of the Insurance Federation of Egypt (IFE) in its meeting yesterday, said Mohamed Meit, deputy chairman of EFSA.
EFSA has made minor amendments to the (...)
Kuwait Reinsurance Company targets to achieve premiums of KWD 37 million in 2013 from KWD 36 million in 2012, said Mohammed Al-Tabtabaie, general manager of the company.
Kuwait Re has one foreign branch in Malaysia and does not plan to inaugurate (...)
Claudia Huber, member of the Advisory Committee of Access to insurance initiative and member of International Association of Insurance Supervisors (IAIS), said micro-insurance covers 44.4 million Africans against life risks, default on payment of (...)
Egyptian Takaful Company (Non-life) has succeeded in renewing reinsurance agreement with Hannover Re Group, said Hamed Mahmoud, deputy general manager of the company.
He revealed that Hannover renewed the contract without placing additional (...)
AIG Egypt Insurance Company achieved premiums of US$ 46 million in 2012, said Mohamed Zahran, head of technical affairs at the company.
The company raised the volume of premiums by 8% which is a good growth rate amid the current economic (...)
Misr Insurance Company is in talks with a number of governmental and non-governmental organizations to market its micro-insurance policies, said Mohamed Khalifa, member of the board of directors at the company.
Misr Insurance Company plans to expand (...)