Monday , September 26 2022

Development of insurance activities and plans to increase market share


Public Sector Minister Hisham Tawfiq, after being approved by the General Assembly for a three-year term by the General Assembly, held a meeting under the chairmanship of the Board of Directors of Misr Holding & General Manager Bassel Al-Hini, one of the companies of the General Secretariat.

At the beginning of the meeting, the Minister welcomed the new members of the Board of Directors and reviewed the diversity of the council with a study including two Vice Presidents at the Council, whether it was an investment or an investment, and intensified communication with the employees and the decision-making process. stressed the necessity of.

In the upcoming period, the new council will take into account the priorities of insurance products and account, which include improving the performance of companies operating in insurance activities, opening new markets and increasing their market share, guided Costing, institutional reorganization and coordination between branches.

He stressed the need to develop an ambitious plan to maximize the return on real estate assets and to pay attention to the search for new ideas and initiatives to improve the center of Cairo and the exploitation of typical properties owned by Cairo Khedive.

Regarding financial investments, the minister was asked to entrust the management of securities portfolios to the Egyptian Financial Investment Management Company, which was established to maximize the returns the Holding Company has achieved over the years, and the total value of the portfolios is around 60 billion Euros.

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