Egypt – 102 examinations of insurers in 6 months
Wednesday, 08 02 2017, Category: Insurance and Reinsurance, Country: Egypt
Mr. Sherif Samy, chairman of the Egyptian Financial Supervisory Authority, said on Tuesday that the examination department in his Authority completed 102 examination operations of the offices of insurance companies from the start of the year until the month of June 2017 by reviewing the financial positions, ratios, and technical indicators of insurance companies.
Moreover, Mr. Samy indicated that 57 reinsurance agreements were studied and 12 regular examinations of insurance brokerage companies were completed.
Source: Al Mal News