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International

Egyptian insurer renews reinsurance deal with Hannover Re

December 27, 2016 Reprints

Ahmed Shehab, general manager of Egypt-based Suez Canal Insurance, said that the insurer has renewed its reinsurance agreement with German reinsurer Hannover Re S.E. for 2017, Amwal Al Ghad reports. Hannover Re has not added any further terms and conditions in the renewed contracts and has kept the same rates of retention and capacity for Suez Canal Insurance, Mr. Shehab said.

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Egyptian insurer renews reinsurance deal with Hannover Re

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