GIG-Egypt: results forecast for 2021-2022

GIG-Egypt is expecting a 10% turnover increase at the end of the year, ending on 30 June 2022.

The premiums should increase from 1.46 billion EGP (92.96 million USD) as of 30 June 2021 to 1.6 billion EGP (101.57 million USD) a year later.

During the year 2020-2021, the insurer has achieved a net profit of 237 million EGP (15.09 million USD), which represents a 15% growth over one year.