Allianz Life Assurance Company Egypt Achieves 40.50% Growth in Its Equity Portfolio

Cairo, Egypt, 19 March 2025:

Allianz Egypt, a leading insurance company and affiliate of SanlamAllianz, has announced the launch of the fourth edition of the Allianz Athlete Experience, further reinforcing its strategic partnership with NBA Africa. Established last year, this collaboration aims to organize the Junior NBA Basketball Tournament, which began on January 10 and concluded with the winners’ announcement on February 22. The finals were honored by the presence of former NBA champion and Olympian Sam Vincent, adding to the significance of the event.

The Junior NBA Basketball Tournament was held at Hassan Mostafa Sports Hall, featuring intense competition among 124 teams from approximately 13 schools, with around 500 students participating. The Junior NBA Basketball Tournament took place at Hassan Mostafa Sports Hall, bringing together 124 teams from about 13 schools and nearly 500 students. In the U-12 category, Gateway International School won the boys' title by defeating MLS, while Ethos won the girls' title against Maadi Narmer. In the U-14 category, Lycée Concordia took the boys' championship after beating BSE, and AIS won the girls' title by defeating Hayah West.

Allianz Egypt is a trusted and committed partner, delivering on its promises to all stakeholders, including its sports partners. This dedication reflects the company’s mission to build sustainable, long-term partnerships that create lasting impact. As part of its commitment to nurturing young talent, the tournament winners will have the exclusive opportunity to attend NBA games in Abu Dhabi, further fueling their passion for basketball.

Beyond sports sponsorship, Allianz Egypt actively supports the development of young athletes while also working to raise awareness among youth and parents about the vital role of insurance in securing their future, driving greater insurance inclusion for a resilient generation.

About Allianz

Allianz Egypt belongs to the “SanlamAllianz” Alliance. The Alliance represents a strategic partnership between Sanlam Group, the largest non-banking financial services company in Africa, and Allianz Group, multinational German insurance company. The alliance serves as a catalyst for the expansion strategies of both groups in the African market, with a shared vision of driving growth and delivering comprehensive insurance services and solutions that cater to the diverse needs of their clients.

Established in 1976 as Arab International Insurance Company (AIIC), Allianz Egypt Insurance Company became part of the Allianz Group in 2001. In 2004, the company underwent a restructuring and adopted its current brand names; Allianz Insurance Company, providing Medical Insurance and Property & Casualty Insurance services to individuals and businesses, and Allianz Life Assurance Company, providing life insurance services to individuals and businesses, relying on a network of 19 branches and strategic partnerships with major banks in the country.

For more details, please visit our website: https://www.allianz.com.eg

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Corporate Communications - Allianz Egypt

تحرص شركة أليانز مصر على حماية بيانات عملائها، وتذكّرهم بأهمية عدم مشاركة بياناتهم الشخصية، بما في ذلك اسم المستخدم وكلمة السر.كما نود التأكيد علي أن موظفي الشركة لا يطلبون هذه المعلومات عبر المكالمات الهاتفية أو الرسائل النصية أو من خلال أي روابط إلكترونية. وفي حال تلقي أي طلبات مشابهة، يُرجى التواصل معنا لإبلاغنا بذلك