Tokio Marine is extending to Egypt

In order to expand its network, the insurer Tokio Marine Takaful General has planned to open by the end of 2016, new offices in three regions: Upper Egypt, the region of Suez Canal and Dead Sea. The company counts already four branches and one representation office in Egypt.

Tokio Marine Takaful Egypt General is a subsidiary of the Japanese insurer Tokio Marine Insurance. Founded in 2008 as Nile Takaful Egypt, the company changed its name in 2013 to become Tokio Marine Egypt. It is split into two companies Tokio Marine Takaful Egypt General (TMGT) and Tokio Marine Egypt Family Takaful.

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• Tokio Marine has acquired a 100% stake in Nile Takaful