Arab Misr Insurance Group
- Business Type : Others
- Year Established : 1994
- Main Markets : Worldwide
- Main Products : Insurance
- Country/Region : Egypt
- Links : Egypt Business Services, Egypt Consulting Services, Egypt Other Consulting Services,
Company Introduction
Arab Misr Insurance Group “gig†is an Egyptian Insurance company established in 1994 under the Egyptian Insurance Law No. 10 of 1980, gig is a member of the Egyptian Insurance Federation and started business since July1st , 1994 . Issued Capital is EGP 500 Million . Paid up capital is EGP 90 Million. Milestones : 2009 : gig was the 1st insurance company in the Egyptian market in both underwriting & Technical results ( EFSA report on 30/6/2009 ) 2010 : gig was the first in growth ratio in Egyptian Market 2011 : gig gets its first financial rating by A.M.Best and becomes the only rated Egyptian Insurance company in the local market . Our Rating : ٠gig is rated a Financial Strength Rating B++ and Issuer Credit Rating BBB+ by A.M.Best .. The outlook for both ratings is stable . The ratings of gig reflect its good level of risk-adjusted capitalization , good financial performance and improving business position in Egypt . The main shareholders of gig are:- 1. Gulf Insurance Company (Kuwait ) Major contributor with 94.8 %.
Contact Information
- Contact Person : tamer badawy
- Department : Other
- Telephone : 20-01222163201
- Address : Egypt, Egypt, Other, Egypt
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