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GIG-Egypt says launching micro-insurance to 130,000 clients

Monday, 07 22 2019, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s Arab Misr Insurance Group- GIG has launched micro-insurance policies benefiting so far around 130,000 clients since it obtained the regulatory licence, its managing director said on Sunday.

The policies are with premiums totalling 6 million Egyptian pounds ($361,532), Alaa el-Zoheiry told Amwal Al Ghad.

“They’re with total sum insured between 5,000 and 20,000 pounds for each client,” el-Zoheiry said.

Source: Amwal Al Ghad
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