Cairo – Mubasher: Egypt-based Misr Insurance won an EGP 4.25 billion insurance tender to cover the risks that are related to the fixed and movable assets for the Egyptian Radio and Television Union (ERTU).
Misr Insurance is a subsidiary of Misr Insurance Holding Company (MIHC).
Insurance on fixed assets against risks such as fire and on movable assets against political violence.
The insurance’s value is distributed over EGP 4 billion for fixed assets and EGP 250 billion for movable ones, Almalnews newspaper reported, citing the chairman of South Cairo region in Misr Insurance as saying.
The risks against external transmission vehicles will be covered by the supplementary cars document.
