Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

National reinsurer for Egypt will have $450 million of capital

Reprints

Mohammed Yusuf, chairman of Egypt's Insurance Holding Co., has said that the country's planned national reinsurer would be established with capital of $450 million, Asia Insurance Review reported citing Al Wafd newspaper.

Sources said the Insurance Federation of Egypt had signed an agreement with four insurers in the country in January 2014 that involved contributing $200 million for setting up the reinsurer.

The newly formed reinsurer would operate in the Arab, African and Egyptian insurance markets.

Read more