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Egypt govt will not be compensated for Cabinet clashes' damage: Misr Insurance

State insurer says government's policy does not cover damage caused by 'political violence', according to news report.
07.02.12 | Interesting article at Ahram Online

The company responsible for insuring Egyptian government property in downtown Cairo's Maglis Al-Shaab Street has reportedly said it will not cover the damaged caused during a clampdown on protesters in December.

Speaking to Al-Ahram's Arabic language website, an official from Misr Insurance said the firm will not pay compensation because the damage was caused by "political violence" which it claims the policy signed by the government does not cover.

In mid-December, security forces attacked demonstrators staging a sit-in outside Egypt's cabinet office. The action sparked street battles that cost at least 16 lives and saw several buildings, including a post office, take significant damage.

The government buildings on Majlis Al-Shaab are insured to the sum of LE128 million ($22.2 million), the Ahram article claims.