Egyptian Cooperative Ins.’s premiums surge 2% in 9m
Monday, 06 08 2020, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s Cooperative Insurance Society (CIS) says its premiums increased two percent year-on-year to 134 million Egyptian pounds ($8.2 million) during the first nine months of the 2019/2020 financial year.
Earlier, premiums recorded 131.8 million pounds during the first nine months of the 2018/2019 financial year.
CIS paid compensation of 26.4 million pounds to its clients during the first nine months of the current financial year from 38.5 million pounds a year earlier, chairman Hossam Abdel Aziz told Amwal Al Ghad on Sunday.
Source: Amwal Al Ghad