FRA Authorizes Issuance of Standard E-Insurance PoliciesSource: www.export-egypt.com 11/23/2024, Location: Africa |
|
|
|
|
|
The Financial Regulatory Authority (FRA) Board of Directors, under Mohamed Farid, issued decision no. 267 of 2024 amending the Board of Director's decision no.122 of 2015 regarding allowing insurance companies to issue certain types of standard e-insurance policies.
The FRA, in a statement issued said that the move comes in response to requests from insurance companies to allow the issuance of insurance policies for new cars electronically. Under the amendments, insurance companies will be granted the right to issue standard e-policies for new cars, because these vehicles do not require physical inspection by insurance companies, however, as regards other types of vehicles, companies must issue non-standard policies. The FRA's decision falls within its strategy to promote financial inclusion, digital transactions and the adoption of financial technology, the statement added. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/25/2024 - Prime Minister Moustafa Madbouli witnessed activities of session entitled "Investment in Industry.. Opportunities for Integration and Growth" as part ...
|
Egypt >> 11/25/2024 - Prime Minister Mostafa Madbouly emphasized the government’s commitment to increasing the industrial sector’s contribution to the GDP from the current ...
|
|
Egypt >> 11/25/2024 - Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir asserted the Egyptian government is paying a greate...
|
Egypt >> 11/23/2024 - The Financial Regulatory Authority (FRA) Board of Directors, under Mohamed Farid, issued decision no. 267 of 2024 amending the Board of Director's dec...
|
|
Egypt >> 11/23/2024 - Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted Egypt’s appreciation to the depth of joint ties with...
|
Egypt >> 11/23/2024 - EgyptAir participated in Incentives, Business Travel & Meetings (IBTM) show in Barcelona in coordination with the Egyptian Tourism Authority within th...
|
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
