Work on a project to amend the Insurance Code is progressing very well, according to Mr Othman Khalil El Alamy, acting president of the Insurance and Social Security Supervisory Authority (ACAPS).
Egypt's Financial Regulatory Authority (FRA) has granted Misr Takaful Insurance - Hayat a licence to carry out business in the country.
Al-Ain Ahlia Insurance (AAAI) benefits from a strong market position and brand in Abu Dhabi, supported by its affiliation with the government, recognised technical underwriting expertise in commercial lines and long-standing partnerships with leading reinsurers, notes Moody's Investors Service.