Egypt - Insurance companies’ premiums 19.7% up in Q3
Monday, 12 23 2019, Category: Insurance and Reinsurance, Country: Egypt
The premium portfolio of insurance companies operating in Egypt grew 19.7 percent year-on-year during the third quarter this year, recording 9.1 billion Egyptian pounds ($567.3 million).
Earlier, premiums stood at 7.9 billion pounds during the third quarter of 2018.
Commercial insurance companies’ third-quarter premiums rose 15 percent to 7.7 billion pounds from 6.69 billion pounds during the same period in 2018.
Source: Amwal Al Ghad