Egypt – Federation discusses 2017 reinsurance results
Monday, 03 13 2017, Category: Insurance and Reinsurance, Country: Egypt
The reinsurance committee of the Insurance Federation of Egypt is discussing the results of reinsurance treaties for year 2017, which ended in the last month of January.
Mr. Hamed Mahmoud Reinsurance Manager at “Egyptian Takaful” (Property) and member of the committee said that the members will present the results of their reinsurance treaties, which witnessed an increase in the underwriting capacity granted by reinsurance companies in order to absorb the increases in insured value that followed the liberalization of the Egyptian pound exchange rate on November the 3rd last year.
Source: Al Mal News