Egypt – EGP 8.8 billion insurance claims in 9m
Saturday, 12 09 2017, Category: Insurance and Reinsurance, Country: Egypt
Insurance companies in the Egyptian market settled claims amounting to EGP 8.8 billion in the period stretching from January to September 2017 compared to EGP 7.2 billion during the same period last year i.e. an increase of EGP 1.6 billion.
Moreover, the report of the month of October issued by the Egyptian Financial Supervisory Authority showed that the life insurance claims are the largest with EGP 5 billion compared to EGP 3.9 billion during the period of comparison i.e. an increase of EGP 1.1 billion.
Source: Al Mal News