Bancassurance, cooperation agreement between AILC and the bank CAIE

The Arab International Life Assurance Company (AILC), subsidiary of Allianz and AGF, has signed a cooperation agreement with Crédit Agricole Indosuez Egypt bank for the marketing of its products in Egypt. AILC entered the bancassurance market in 2002 signing partnership accords with Misr Bank and MiBank. Bancassurance, today, accounts for more than 50% of its tunover.