Egypt – Insurers invest in 260 projects
Thursday, 02 01 2018, Category: Insurance and Reinsurance, Country: Egypt
The new public projects are attracting the investments of insurance companies as they support their investment portfolios through diversification that helps balance these investments.
Mr. Abdel Raouf Kotb, Managing Director of Egyptian Saudi Insurance House said that the insurance sector will witness large developments in year 2018 as insurers will seek to increase their investments in energy, public administration, industrial, chemical and food projects.
He added that public insurance companies invest in around 260 different projects.
Source: Veto Gate