Regulatory Alerts2011-01-01
Board of Directors Decision No. (32) of 2011
The Egyptian Financial Supervisory Authority Board of Directors approved the transfer of the life insurance portfolio, including all associated rights and obligations, from Misr Insurance Company to Misr Life Insurance Company. This decision operationalizes the Extraordinary General Assembly's resolution and ensures compliance with Egyptian insurance and corporate regulatory frameworks. The ruling mandates immediate publication in the Egyptian Gazette and directs all competent authorities to execute the transfer accordingly.
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