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Insurance Union Hosts Fire Loss Reduction Conference
The Egyptian Insurance Companies Union organized a conference on reducing fire-related losses in the Egyptian insurance market, under the auspices of the General Authority for Financial Supervision. The goal was to enhance fire prevention measures and decrease both human and material damages. The discussions focused on developing fire risk management techniques, improving underwriting quality, handling major claims, as well as strengthening cooperation between the public and private sectors and exchanging data and expertise. The conference aims to shift from reactive responses to incidents toward implementing effective preventive measures to ensure business sustainability and reduce future losses amid the increasing frequency of fires.
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