{"id":320491,"date":"2021-01-11T11:58:29","date_gmt":"2021-01-11T11:58:29","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=320491"},"modified":"2021-01-11T11:58:29","modified_gmt":"2021-01-11T11:58:29","slug":"four-insurers-lining-up-bids-for-taqa-arabias-insurance-policy","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/01\/11\/four-insurers-lining-up-bids-for-taqa-arabias-insurance-policy\/","title":{"rendered":"Four insurers lining up bids for TAQA Arabia\u2019s insurance policy"},"content":{"rendered":"

Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia\u2019s assets, sources familiar with the matter told Amwal Al Ghad on Sunday.<\/p>\n

TAQA Arabia, a major natural gas distributor in Egypt and part of Qalaa Holdings, is offering a policy with total sum insured up to 5 billion Egyptian pounds ($317.8 million), the sources said.<\/p>\n

Misr Insurance Company, Gig-Egypt, Suez Canal Insurance, and Orient Takaful Insurance \u2013 Egypt have submitted the technical and financial offers to win the policy.<\/p>\n

TAQA\u2019s insurance policy will include coverage of assets and properties against fire, burglary, risks arising from natural disasters, riots, labour strikes, debris removal, demolition of buildings, water leakage, plane crashes, traffic collisions, and explosion of freshwater pipelines, the sources added.<\/p>\n

The policy will also consist of complimentary Motor Insurance cover for TAQA\u2019s vehicle fleet besides marine insurance cover, and engineering all risks insurance, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia\u2019s assets, sources familiar with the matter told Amwal Al Ghad on Sunday<\/p>\n","protected":false},"author":4,"featured_media":320492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[171],"class_list":["post-320491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news","tag-taqa-arabia"],"yoast_head":"\nFour insurers lining up bids for TAQA Arabia\u2019s insurance policy - egy-africa<\/title>\n<meta name=\"description\" content=\"Four Egyptian insurers are vying to win an insurance policy tender to cover TAQA Arabia\u2019s assets, sources familiar with the matter told Amwal Al Ghad on Sunday\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/01\/11\/four-insurers-lining-up-bids-for-taqa-arabias-insurance-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four insurers lining up bids for TAQA Arabia\u2019s insurance policy - 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