Egypt – Financial Supervision to poll citizens about insurance products
Tuesday, 06 16 2015, Category: Insurance and Reinsurance, Country: Egypt
Mr. Sherif Samy the chairman of the Egyptian Financial Supervisory Authority in his speech at the launch of the insurance awareness association in Egypt announced that the spread of insurance coverage offers protection to citizens and industries and boosts national investment where the total investments of insurance companies and private insurance funds in Egypt exceeded EGP 90 billion.
Mr. Samy said it is necessary to sign a contract with a specialized center of statistics in order to carry out a large survey in the different regions of the republic that will include the different categories of citizens in order to explore their understanding of insurance products, and the image of insurance and provided services. This will in turn ease the methodology to tackle insurance awareness and treat any negative connotation related to insurance.
Source: Al Mal News