insurance

  • Egypt to Purchase Insurance Against Oil Price Fluctuations

    Egypt to Purchase Insurance Against Oil Price Fluctuations

    Thursday, 26th July 2018

    The Egyptian cabinet has announced that the country will purchase insurance contracts from international financial institutions to hedge against fluctuating global oil prices.

  • Insurers Compete to Cover GASCO’s Assets

    Insurers Compete to Cover GASCO’s Assets

    Sunday, 9th July 2017
    Eight insurers are competing to win commissions to provide insurance that will cover the assets of the Egyptian Natural Gas Company (GASCO).
  • Misr Insurance Secure Two Oil Ships for $30m

    Misr Insurance Secure Two Oil Ships for $30m

    Tuesday, 9th August 2016
    Egypt's Misr Insurance Company, a subsidiary of Misr Insurance Holding Company, signed a contract worth $30m with Red Sea International Petroleum Services to insure two of their ships.
  • ADNIC Renews Regional Insurance Services to Schlumberger

    ADNIC Renews Regional Insurance Services to Schlumberger

    Monday, 11th January 2016
    Abu Dhabi National Insurance Company (ADNIC) has renewed its Memorandum of Understanding (MoU) with Schlumberger Group to continue providing insurance and reinsurance coverage for the company's regional oil and gas operations.