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International

Insurers vie for $68-million policy tender

February 16, 2018 Reprints

Four Egyptian insurers are competing to win local internet service provider TE Data S.A.E.'s 1.2-billion Egyptian pounds ($68 million) insurance policy tender, Amwal Al Ghad reported citing sources. The insurers include Misr Insurance Co., Arab Misr Insurance Group S.A.E., Arab Orient Takaful Insurance Co. and Iskan Insurance Co. The one-year renewable term policy covers TE Data's assets, vehicles, and warehouses against all types of risks, civil liabilities, cash transfer and dishonesty.

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Insurers vie for $68-million policy tender

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