Afro-Asian FAIR to launch political violence pool
Tuesday, 12 08 2015, Category: Insurance and Reinsurance, Country: World
The Federation of Afro-Asian Insurers and Reinsurers “FAIR” is considering the establishment of a political violence insurance pool as well as the launch of an academy for Afro-Asian brokers following the recommendations of the 24th conference of the Federation which was held in Cairo last October.
The Secretary General of the Federation of Afro-Asian Insurers and Reinsurers Mr. Adel Mounir decided to present the final versions of both projects to the board of the Federation which is expected to convene in Cyprus next October.
Mr. Mounir added to “Al Borsa News” that the recommendation of the Federation to establish a political violence pool aims at taking advantage of the political violence insurance premiums, which witnessed sustained growth lately with a large concentration of business in Africa and Asia.
Source: Al Borsa News