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Egypt - Misr Emirates Takaful Life Ins. FY20 premiums to rise 35.5%

Monday, 08 26 2019, Category: Islamic Insurance, Country: Egypt
Egypt’s Misr Emirates Takaful Life Insurance (Metlico) targets a 35.5 percent year-on-year surge in its premiums to 145 million Egyptian pounds ($8.7 million) within the financial year 2019/2020, said sources on Monday.

Earlier, premiums registered 107 million pounds during the financial year 2018/2019, official sources in the company further told Amwal Al Ghad.

“We are planning to maximize our premium portfolio within the upcoming period as part of our strategy that focuses on tapping geographically,” they said.

Source: Amwal Al Ghad
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