Arab Reinsurance Company: a new dimension
Home   |   Sitemap   |   Contact us
Follow us on
Is Climate Litigation Covered by Insurance? - Social Inflation or Science: What Is Fueling Climate Litigation? - Fortegra Europe Opens Branch in Czech Republic - Vantage launches Construction and Political risk business - UK Insurers Cautiously Willing to Underwrite Fire Safety Risks - Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada - Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P - Debt surge in emerging markets may hurt insurance outlook: Swiss Re - Zurich Insurance Weighs Selling Some Australian Non-Core Assets - Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds - Corvus, SiriusPoint announce investment & underwriting capacity partnership - Munich Re backs energy storage systems provider ESS - Climate Change Could Force 200 Million People to Leave Their Homes by 2050 - Work of the scientific community and re/insurers needed to assess climate change: Lloyd’s - Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform - London Financial Employees Return to Offices Despite Rising Virus Cases - P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter - Britain Looks to Revisit Data Privacy Regulations - WTW, Applied Systems target real-time pricing enhancements - Reinsurance environment “most attractive in a decade”: SCOR’s Launay - Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions - Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio - Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims - “Inflation is the enemy of the re/insurance industry,” says Swiss Re CFO Léger - Global Reinsurance Rates, Demand to Continue Rising in 2022: Moody’s - Prudential’s Michael Koller joins MS Amlin as Chief Risk Officer - Rates need to and will harden further: Swiss Re CEO Mumenthaler - Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters
Search Search
World News & Events
Enlarge Font Minimize Font

Misr Life Ins. to launch an investment fund

Thursday, 05 06 2021, Category: Insurance and Reinsurance, Country: Egypt
Misr Life Insurance, a subsidiary of Misr Insurance Holding, has partnered with Misr Capital, the investment arm of Banque Misr, have announced the launch of the investment fund Misr Life Insurance for Liquidity in Egyptian Pound.

The fund is set to receive an initial volume of EGP 100m, and serves as Misr Life Insurance’s first investment fund. It can be subscribed to through Misr Capital and Misr Capital Fixed Income Brokerage.

Ahmed Abdelaziz, CEO of Misr Life Insurance, said that the fund is the first investment vessel to be launched by the company in the Egyptian capital market. It aims to provide an investment method for individuals and institutions alike.

He added that the fund’s assets will be invested in highly liquid monetary financial instruments, whether short- or medium-term, such as debt instruments issued by the government and companies. This is in addition to repurchase agreements and other money market fund documents, with average maturities of 150 days.

All copyrights reserved, Arab Reinsurance 2016 ©