Misr Insurance, Agiba Petroleum renew cover deal
Friday, 11 08 2019, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s state-owned Misr Insurance has renewed an insurance cover agreement with the country’s Agiba Petroleum Co., a senior official said on Thursday.
The insurance policy is at a total sum insured up to $1 billion, a senior official at Agiba Petroleum added.
Under the deal, Misr insurance will cover all the risks related to operation, wells, and civil liability, he said.
Source: Amwal Al Ghad