Egypt – Impact of increased freight cost on ins.
Monday, 09 17 2018, Category: Insurance and Reinsurance, Country: Egypt
The Insurance Federation of Egypt through its general marine insurance committee is studying an international report on the impact of the increased cost of freight on international trade as well as insurance.
According to Mr. Nazmi Hussein head of the committee and marine reinsurance manager at “Misr Insurance”, the committee aims to take advantage of the recommendations of the report in the Egyptian insurance market by explaining to the insurance sector the international developments of marine insurance, the factors influencing the value of freight and the methods to decrease its cost.
Source: Al Mal News