Egypt – Necessity of underwriting discipline
Wednesday, 06 13 2018, Category: Insurance and Reinsurance, Country: Egypt
The Insurance Federation Egypt recommended sound underwriting discipline and control when new policies are issued especially when large risks are underwritten. It also recommended good claims practices. These measures will help in securing a credit rating.
Moreover, the Federation sponsors many seminars and conferences. It supports the transfer of international expertise into Egypt and recommends training activities that will help support insurers and boost qualifications as well as financial strength ratings.
Source: Regal Elamal