How many employees work at Misr Insurance?

About Misr Insurance

Misr Insurance Company was established in January by the pioneer of the national economy, Mohamed Talaat Harb, as the first insurance company with Egyptian capital and Egyptian management in order to provide insurance protection for Egyptian projects in support of national independence - at that time - and it was the first nucleus for the emergence of the national insurance industry. The company aspired to expand its activity at the level of the Arab countries and practiced insurance activity in many neighboring countries, especially in Sudan, Libya and Syria. It even expanded in the year towards establishing its agencies in some Gulf countries, thus contributing to the introduction of this pioneering industry in many of the sisterly Arab countries. However, these offices The agencies were transferred to national companies in those countries after the trend towards nationalization prevailed in many Arab countries. Despite this, Misr Insurance and its competencies spread in the Arab insurance markets until now have the credit for introducing this industry in many Arab countries. The company, through its role in providing insurance protection for the various economic sectors owned by the state, contributed to supporting and developing development plans for the benefit of the Egyptian citizen after the nationalization of economic activities in 1987 and the state’s tendency to merge a number of insurance companies operating in the market under the name of Misr Insurance, beginning in 1997, so Al-Gomhouria Company was merged. Insurance and Savings Insurance Company in Misr Insurance Company in recognition of its pioneering role and support for the national insurance activity and its great role in serving the Egyptian economy. Through its huge investment portfolio, the company contributed to supporting important economic projects and establishing a number of companies and economic projects in a way that contributed to developing the company’s results on the one hand and supporting the Egyptian economy on the other hand. On the date of a decision issued by the President of the Republic to establish the Misr Insurance Holding Company and to transform the four state-owned insurance companies existing at that time (including Misr Insurance) into subsidiaries of the Misr Insurance Holding Company, subject to the provisions of Law No. of the year regarding public business sector companies and its executive regulations. On / the merger of Al-Sharq Insurance Company and the Egyptian Reinsurance Company took place at their book value in / into Misr Insurance Company.