Moody's also expects that AMIG will continue to grow profitably, albeit against a backdrop of volatile economic environment.
Moody's notes that the local regulations restrict the ability for AMIG to invest in asset investments outside Egypt.
The stable outlook on AMIG reflects our expectation that it will maintain its growing and already strong market position and brand whilst delivering strong results.
RSA's enVision products helped Accuvant solve a pair of business problems for AMIG
that exists for many of our large clients -- a proliferation of log data coupled with a compliance mandate to manage, analyze and report on that data," said Dan Wilson, vice president of Partner Alliances, Accuvant, a RSA SecurWorld(TM) partner.
This has enabled AMIG
to produce combined ratios between 85%-90% (excluding unallocated expenses) over the past two years and establish itself as the fourth-largest direct writer in Egypt, albeit with a 4.
Best s opinion, AMIG s risk-adjusted capital position has been improving in recent years through the full retention of profits, which has outpaced capital consumption on a risk-adjusted basis.
Best considers a testament to AMIG s current capital position.
Under the new management team, AMIG s performance over the last three years has experienced a marked improvement, with its combined ratio averaging just over 90%.
consists of eight property/casualty companies, of which seven participate in a pooling agreement and one is party to a 100% reinsurance agreement.
In the energy sector, AMIG has a joint venture with the state of Orissa in India to develop and promote an integrated power complex in the city of Gopalpor.
In China, AMIG has entered into a joint venture with Shanghai Energy & Chemical Company to construct storage facilities for LPG, and supply and distribute LPG in eastern China.
Items for the AMIG
auction site will be accepted for inclusion within the next 10 days.