Egypt – Growth of marine insurance conditioned on Shipbuilding
Saturday, 08 01 2015, Category: Insurance and Reinsurance, Country: Egypt
Mr. Issam Rashed the previous chairman of the marine insurance committee said that he expects a revival of the insurance sector in general and in particular the marine branch after the inauguration of the new canal saying “it is expected that some industries will be launched in the logistical field of the canal.
Mr. Rashed told to the “Veto Gate” that the “shipbuilding industries are expected to be launched in the canal region which can be insurance. Ships can be insured against fire and burglary but also the hull can be insurance”.
Source: Veto Gate