ArabFinance: Delta Insurance (DEIN) announced it would distribute 1.7777-for-1 bonus share as of March 24^th, with the eligibility in distribution to shareholders until the trading session dated March 23^rd, according to a statement filed to the Egyptian Exchange (EGX).

This comes in line with the decision of the company’s ordinary general meeting (OGM) of raising the issued and paid-up capital to EGP 350 million from EGP 126 million by EGP 224 million distributed over 56 million bonus shares at a nominal value of EGP 4 per share.

Delta Insurance is engaged in the provision of life and non-life insurance and reinsurance services.

The company offers its services through two main segments: Corporate Solution Plans, and Individual Protection Plans, and Aman El Safar Plan.