Egypt - Wataniya Ins. gets non-life coverage licence
Friday, 05 22 2020, Category: Insurance and Reinsurance, Country: Egypt
Saudi-based Wataniya Insurance received a licence for non-life insurance activity coverage from the Egyptian Financial Regulatory Authority (FRA) on Wednesday.
Wataniya started activating the non-life coverage activity at a capital worth 100 million Egyptian pounds ($6.3 million) after receiving the licence and approval of its non-life insurance policies from the Egyptian market regulator.
Source: Amwal Al Ghad