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Magazine
Country Profile
Although the Egyptian insurance industry suffered losses during the crisis, it demonstrated a high level of organisation, credibility and resilience in dealing with the unrest. Players are rebounding strongly, and the market remains active with expectations for brighter horizons ahead despite the challenges.
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The insurance sector’s unity in dealing with the impact of the unrest has given new-found credibility to the Insurance Federation of Egypt (IFE), says Mr Abd El Raouf Kotb, President of the association.