About us

About us

 “gig - Egypt” is an Egyptian Insurance company established in 1994 under the Egyptian Insurance Law No. 10 of 1981, gig is a member of the Egyptian Insurance Federation and started business since July1st , 1994 .

Issued capital is EGP 500 M.

Paid up capital is EGP 258.7 M.

Milestones :

  • 2009 : gig - Egypt  was the 1st  insurance company in the Egyptian market in both underwriting & Technical results ( EFSA report on 30/6/2009 )
  • 2010 gig - Egypt   was the first in growth ratio in Egyptian Market
  • 2011-2015gig - Egypt  gets its first financial rating  by A.M.Best  and becomes the only  rated Egyptian Insurance company  in the local market .

Our Rating :

gig  -Egypt  is rated a Financial Strength Rating B++ and Issuer Credit Rating BBB by A.M.Best. The outlook for both ratings is stable.

Due to its exceptional financial strength, AMIG’s rating from Moody’s is B1 with stable outlook.

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

The main shareholders of gig -Egypt  are:-

1. Gulf Insurance Company (Kuwait ) Major contributor with 94.853%


2. Suez Canal Bank with 5%

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3. Egyptian Businessmen with 0.147%