Kenya-based ZEP-RE (PTA Reinsurance Company) is looking to set up a regional office in Egypt within one year, a source from the insurance industry told Al Mal. There was no mention of the size of the investment, but the source added that Egypt will serve as a hub for the company’s regional operations. ZEP-RE is specialized in reinsurance trading and is headquartered in Nairobi. The company operates in Ivory Coast, Zimbabwe, Cameroon, Zambia and Sudan through a string of representation offices.

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