Egyptian insurer, Iskan Insurance Company, has reportedly renewed its 2017-2018 reinsurance agreements with a group of foreign reinsurance companies, led by reinsurance giant Hannover Re.
Speaking with Amwal Al Ghad, Iskan Insurance Company’s Managing Director for Technical Affairs, Mohamed Khalifa, confirmed German-based Hannover Re as the lead reinsurer for its 2017-2018 reinsurance renewal.
Amwal Al Ghad reports that the Egypt-based insurance company was able to increase its retention rates and capacity for its 2017-2018 reinsurance renewal.
