About us









About us

Arab Misr Insurance Group “AMIG” is an Egyptian Insurance company established in 1994 under the Egyptian Insurance Law No. 10 of 1980, AMIG is a member of the Egyptian Insurance Federation and started business since July1st , 1994 .

Issued Capital is EGP 500 Million .

Paid up capital is EGP 90 Million.

Milestones :

  • 2009 :  AMIG was the 1st  insurance company in the Egyptian market in both underwriting & Technical results ( EFSA report on 30/6/2009 )
  • 2010 : AMIG was the first in growth ratio in Egyptian Market
  • 2011 : AMIG  gets its first financial rating  by A.M.Best  and becomes the only  rated Egyptian Insurance company  in the local market .

Our Rating :
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AMIG is rated a Financial Strength Rating B++ and Issuer Credit Rating BBB+ by A.M.Best .. The outlook for both ratings is stable .

The ratings of AMIG reflect its good level of risk-adjusted capitalization , good financial performance and improving business position in Egypt .


The main shareholders of AMIG are:-

1. Gulf Insurance Company (Kuwait ) Major contributor with 94.8 %

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2. Suez Canal Bank with 5% .

 

3. Egyptian Businessmen with 0.2 %.