Chubb Life Insurance-Egypt targets to increase its business in Egypt three-fold by 2020, according to Russell Bundschuh, the senior vice president of Chubb Group and president of Chubb Life. Bundschuh said that the company is keen to increase its business in the life insurance field on a global scale—particularly Egypt. He added that Chubb Life Insurance-Egypt offers its services to 30,000 clients through 1,200 trained agents, 100 telemarketing agents, and 100 administrative employees. Chubb Life Insurance-Egypt celebrated on Tuesday the Ace Group’s acquisition of Chubb Corporation to form together the world’s largest publicly traded property and casualty insurance company, operating in 54 countries. It is mainly focused on individual life insurance, group medical insurance, group life insurance, and individual accident insurance.

Source: Daily News Egypt March 22, 2017 15:33 UTC