News Middle East14 Sep 2023

Egypt's insurance federation chief estimates Morocco quake to cost insurers US$300m

| 14 Sep 2023

The amount of compensation that insurance companies would pay in Morocco due to the large losses caused by the 8 September 6.8-magnitude quake that struck in the High Atlas Mountains, is expected to reach $300m, according to Mr Alaa El-Zoheiry, chairman of the Insurance Federation of Egypt.

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