Suez Canal Insurance Company is one of the first private insurance company in Egypt. It is submitted to companies law no 159 of 1981 and to the law no 10 of 1981 for control and regulation on insurance in Egypt. It has been founded by the Arab Contractors (osman A. Osman) workers insurance and by the Suez Canal Authority in 1979.
History
It started providing all kind of Insurances January 1st 1980
Mode of Finance
Authorized Capital 100 M LE
Issued and Paid Capital 40 M LE
Total Sharehloders Rights 6.9 M LE
Total Subscribers Rights 187.5 M LE
Total Investments 333 M LE
(last updated: 12-November-2002)
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Egypt \ Insurance Companies \ Suez Canal Insurance Company
