Page 2 - மிஸ்ர் காப்பீடு வைத்திருத்தல் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Sawari Ventures closes $68 million fund for Egyptian tech startups
wamda.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wamda.com Daily Mail and Mail on Sunday newspapers.
Sawari Ventures closes $71 million fund for Egyptian tech startups
Egypt-based venture capital firm Sawari Ventures has closed a $71 million fund to invest in local technology-focused companies.
Limited partners include Misr Insurance Group, Ekuity, National Bank of Egypt, Banque Misr, Banque du Caire, Suez Canal Bank, European Investment Bank, CDC, Proparco, and South Africa-based DGGF.
Sawari Ventures is led by Ahmed Al-Alfi, Hany Al-Sonbay and Wael Amin, and has so far invested in more than 30 companies, including SWVL, Instabug, and Si-Ware, among others.
The fund is regulated by the Financial Regulatory Authority of Egypt (FRA).
Press release
Sawari Ventures announced the closing of the Egypt-based fund with total commitments of USD 30 Million from Misr Insurance Group, Ekuity, National Bank of Egypt, Banque Misr, Banque du Caire, and Suez Canal Bank. The fund previously closed USD 41 million of raised investments from European Investment Bank, CDC , Proparco, DGGF w
Press release content from Business Wire. The AP news staff was not involved in its creation.
Michigan Insurance Industry, Governance, Risk and Compliance Report 2020 - ResearchAndMarkets.com
January 20, 2021 GMT
DUBLIN (BUSINESS WIRE) Jan 20, 2021
ADVERTISEMENT
‘Michiganian Insurance Industry - Governance, Risk and Compliance’ report is the result of extensive research into the insurance regulatory framework in Michigan.
It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.
The report brings together the publisher’s research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory framework, taxation and legal system in
Share:
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bbb of Misr Life Insurance Company (MLIC) (Egypt). The outlook of these Credit Ratings (ratings) is stable. MLIC is the life insurance subsidiary of Misr Insurance Holding Company (MIHC) (Egypt).
The ratings reflect MLIC s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also factor in the financial strength of MIHC, due to MLIC s strategic importance to group.
MLIC s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by Best s Capital Adequacy Ratio (BCAR). The company s risk-adjusted capitalisation is supported by considerable amounts of soft capital, including discretionary bonus reserves and unrealised gains on its real estate portfolio
AM Best Affirms Credit Ratings of Misr Insurance Company
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
vimarsana © 2020. All Rights Reserved.