Egypt – Dealing with African reinsurers
Wednesday, 12 13 2017, Category: Insurance and Reinsurance, Country: Egypt
Mr Alaa Al-Zoheiry, Chairman of the Insurance Federation of Egypt said in the margins of the “Africa 2017 Forum” in Sharm El Sheikh, Egypt that the Egyptian insurance market deals with African reinsurance companies and that there is number of reinsurance companies that represent 7% of the total Egyptian insurance market especially in the field of property and liability insurance. In addition, he said that Egypt is looking for opportunities in Africa.
Moreover, he said that the problems in dealing with African reinsurance markets are being resolved and efforts are being made to increase the share of African reinsurance companies.