Arab Misr Insurance Group “gig”

Arab Misr Insurance Group “gig”

13 ,Ma'ahad ishteraki St., Merryland,,Select Town,Cairo
Contact Phones: (002) (02) 24517622 ,(002) (02) 24517620
Web Address: www.amig.com.eg
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About Arab Misr Insurance Group “gig”

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 M. Paid up capital is EGP 175 M. 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 2011-2015 : gig gets its first financial rating by A.M.Best and becomes the only rated Egyptian Insurance company in the local market . Our Rating : ِ gig 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 .
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