Egypt to set up catastrophe insurance pool
Posted On: Jul. 22, 2019 5:49 AM CSTAlaa El-Zoheiry, chairman of Egypt's insurance federation, said that the country plans to set up its first insurance pool to mitigate natural disasters-related risks and losses by year-end, Amwal Al Ghad reported. Mr. El-Zoheiry said that the federation has invited France-based reinsurer Caisse Centrale de Reassurance S.A. to take part in the pool and would invite other insurers to commit to the pool.