Egypt – Misr ins. profits rise to EGP 1.3bn in 9m
Tuesday, 04 24 2018, Category: Insurance and Reinsurance, Country: Egypt
Misr Insurance company has succeeded in raising the profitability index to jump to 1.3 billion pounds in the first nine months of the current fiscal year 2017/2018, from the first of July last year until the end of March this year, compared to 1.17 billion pounds in the corresponding period of last fiscal year 2016/2017, an increase of 130 million pounds, or the equivalent of 11%.
The company’s CEO Hussein Attala said that his company seeks to enhance the profitability index through some axes, including the implementation of new policies with modern tools in the development of insurance products, including medical.
Attala added that Misr Insurance has started to develop Subscription insurance policies in this field and issued medical insurance documents that address the citizens' needs of high quality service and prices in addition to providing the best medical insurance services from advanced medical systems, modern information systems networks and contracting with the best medical service providers.
Source: Al Mal News