insurance

LE100 million insurance to be provided for workers on new Suez Canal
Egypt

LE100 million insurance to be provided for workers on new Suez Canal

Engineer Mohamed Adel Fatehy, chairman of the Board of Directors of the Suez Canal Insurance Company, said the company's board…
Investments in insurance raised by 9.2%
Business

Investments in insurance raised by 9.2%

Mohamed Moeit, deputy chairman of the Financial Supervisory Authority, said the insurance sector has achieved growth from 30 June 2013 to…
Authorities study insurance claims amid political violence
Egypt

Authorities study insurance claims amid political violence

Head of the Egyptian Financial Supervisory Authority Sherif Samy said he is in discussions with insurers amid threats of ongoing…
No compensation for businesses damaged in clashes
Business

No compensation for businesses damaged in clashes

The majority of businesses and facilities damaged, ransacked or looted during street clashes are not entitled to compensation, an insurance…
Natural gas pipeline still insured, says official
Business

Natural gas pipeline still insured, says official

The insurance policy for the natural gas pipeline built to export Egyptian natural gas to Israel and Jordan will continue…
Companies increase rates of insurance against car theft
Egypt

Companies increase rates of insurance against car theft

“We are awaiting the approval of the Financial Supervisory Authority to raise the costs of insurance policies against car theft,”…
Insurance companies to grant compensation for revolution unrest
Egypt

Insurance companies to grant compensation for revolution unrest

The total amount of money to be paid by insurance companies to those affected by the 25 January revolution will…
New pensions law: The hollow promise of a ‘happy retirement’
Business

New pensions law: The hollow promise of a ‘happy retirement’

On 13 June, one year after the government introduced a new insurance and pension law, parliament ratified the final draft.The…
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