Sarwa Capital obtains two life and non-life insurance licenses
The Egyptian provider of financial Solutions Sarwa Capital has obtained two licences to market life and non-life insurance products.
Sarwa's entry into the market has materialized through the creation of life and non-life subsidiaries: Sarwa Life Insurance Company and Sarwa Insurance company.
The two companies created in 2018 have a capital of 100 million EGP (6 million USD) each.
The first objective sought by the two new entrants is to introduce the new technologies into the insurance services offered to the public.
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