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International

Hilton chain renews insurance agreement with Egyptian insurer

February 14, 2017 Reprints

Walid Sayed Mustafa, first executive vice president for technical affairs at Egypt-based Arab Orient Takaful Insurance Co., said the insurer has renewed a $35 million insurance policy to cover the Hilton Worldwide Holdings Inc. chain’s holdings in Egypt, Amwal Al Ghad reported. The policy covers civil liability, cash transfer, dishonesty, and damages arising from fire, burglary, floods, earthquakes, volcanos, and torrents in the cities of Hurghada and Alexandria, Mr. Mustafa said.

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Hilton chain renews insurance agreement with Egyptian insurer

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