Insurance
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Delta Insurance's premiums rise 33% in Egypt
SAE's insurance premiums increased nearly 33% year-over-year to more than $38 million in the nine months ended March 31.
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High economic growth rates in Egypt benefit insurance market
Moody’s MENA analyst states that Egypt is the second largest insurance market in the MENA region.
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Egypt is second biggest insurance market in North Africa
Global rating agency Moody's said Egypt comes second place after Morocco, the biggest insurance market in North Africa.
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Egypt’s insurance market prospects are encouraging
Economic hurdles such as poverty and shortage of skilled workers will slow sector's growth.
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Legal & General exits Egypt unit after 17 years
The company is selling its Egyptian business to its rival Axa for around $97.5m.The deal closes by the end of this year.
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Total insurance instalments paid stands at EGP 5.7bn by April 2015
Total value of compensations paid in properties insurance has reached EGP 1.3bn, compared to EGP 1.06bn during the same period in 2014.
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MIHC controls 60% of insurance market shares : Deputy Chairman
Three companies emerged from MIHC, and are 100% owned by it: Misr Insurance (properties); Misr Life Insurance; and Misr Real Estate Assets.