I am pleased to introduce to you ISKAN Insurance Co (I.I.C.), the newly established insurance company in Egypt. The company was registered in August 2008 with the company registrar under # 33993 and with the Insurance Supervisory Authority under # 24. The authorized capital is L.E.500 million and issued capital is L.E.150 million of which L.E.75 million is fully paid. As part of our marketing strategy, we succeeded in attracting trustworthy, knowledgeable and reputable brokers in the market which will consolidate our business and marketing plans together with the support of our shareholders and stakeholders. ISKAN Insurance underwrites all classes of General Insurance business including ( Fire& Allied Perils , General Accident & Liabilities , Motor Compulsory, Motor Comprehensive, Marine , Aviation & Inland Cargo, Marine Hull & Liabilities, Aviation “Hull & Liabilities”, Oil & Gas , Engineering , Medical and Travel Insurance) In addition the company is introducing to the market new types of insurance covers for Mortgage Insurance (MI), Consumer Credit and Bonds.