Financial Control: Spend 21 million pounds of surplus due to clients of Takaful insurance companies on good aspectsVisits : 67

Financial Control: Spend 21 million pounds of surplus due to clients of Takaful insurance companies on good aspects

Dr. Mohammad Omran, Chairman of the Financial Supervisory Authority, announced that the premiums on Takaful insurance activity increased by a rate of 116.4% during the first eight months of 2019.Total premiums earned on takaful insurance activity (life - property) during the period from January to August 2019 EGP 5.4 billion, compared to EGP 2.5 billion for the same period in 2018, while the value of compensation paid by Takaful insurance companies increased to about 928.6 million pounds during the first eight months of 2019, compared to 591 million pounds for the same period of 2018 and the rate of change 56.9%