Egypt – Supervision of insurance ad materials
Friday, 04 20 2018, Category: Insurance and Reinsurance, Country: Egypt
The Egyptian Financial Supervisory Authority decided to impose supervision on all advertising materials related to the insurance sector in order to avoid manipulation and fraud.
Mr. Reda Abdel Moaty, Deputy Chairman at Egyptian Financial Supervisory Authority said that the previous level of supervision of advertising and marketing material of insurance companies was not sufficient to control truthfulness.
Source: Al Mal News