Egypt - Delta Life Assurance FY2019 direct compensations 30.8% up
Thursday, 08 29 2019, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s Delta Life Assurance posted a 30.8 percent year-on-year increase in direct compensations paid to client, official sources said on Wednesday.
Direct compensation rose to 133.3 million Egyptian pounds ($8 million) in the financial year 2018/2019 from 101.9 million pounds in the financial year 2017/2018.
Compensations retrieved from reinsurance operations reached 17.4 million pounds up from 8.9 million pounds at the end of June 2018, the sources told Amwal Al Ghad.
Source: Amwal Al Ghad