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International

Insurers look to new risks in Egypt

March 18, 2015 Reprints

The Insurance Federation of Egypt has urged the country's government to include the insurance industry in providing risk cover for new investment projects, reported Asia Insurance Review.

Egypt's Prime Minister Ibrahim Mahlab said that the country has signed direct investment contracts worth $36.2 billion, including power projects and gas field deals.

IFE chairman Abdel Raouf Kotb said that the insurance industry requires government aid to make sure that domestic insurers carry out the insurance business from these projects.

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Insurers look to new risks in Egypt

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