About CIL

Commercial International Life Insurance Company was formed in 1999 as an Egyptian Joint-Stock company offering international value-for-money life insurance products.

The undoubted strength of our shareholders, both local and foreign, provides CIL with a strong financial standing and broad experience, which positions us as an insurer of repute.

Mission Statement

In our chosen markets, we will remain focussed on our objectives of building and protecting the wealth and security of families and businesses and providing our shareholders with profitable growth.

We are committed to the delivery of innovative, value-for-money protection and savings products, aimed at satisfying the needs of our clients.

We are dedicated to providing exceptional customer service, professional growth and fulfilment of our employees and improved quality of life in our community.

Shareholders 

Commercial International Bank (Egypt) S.A.E.   
CIB is the largest private bank in Egypt and the most profitable.  In terms of asset size, it is the 5th largest financial institution in Egypt.  CIB has a dominant market share in wholesale banking, in addition to its solid retail base, services by its many branches.  Through its affiliates, CIB is enhancing its role in the investment market and has introduced financial services such as underwriting, brokerage and portfolio management.    

Legal & General 
Legal & General Overseas Holdings B.V. is a wholly owned subsidiary of Legal & General Group Plc., an international insurer founded in London in 1836.  It now ranks amongst the world's 25 largest insurers, with funds under management in excess of USD 150 billion.  Legal & General is a reputable provider of diversified financial services and products and operates successful businesses in the United Kingdom, the Netherlands, France and the United States.   

International Finance Corporation 
The International Finance Corporation, part of the World Bank Group, was founded in 1956.  Its role is to foster economic growth in the developing world by financing private sector investments, mobilising capital in the international financial markets and supplying technical assistance to governments and businesses.   

El Mansour & El Maghraby Investment and Development Group (MMI&D) 
The group was established in 1996 as the first step towards a long-term cooperation between the operations of both El Mansour and El Maghraby groups.  The current business activities of the two groups cover Egypt, Saudi Arabia, Africa and the United Kingdom.  They make up an array of industries in numerous diversified fields.  MMI&D also provides brokerage and consultation services to foreign and local institutions, to contribute to the success of the privatisation in Egypt.  The combined turnover of both groups in 1998 reached around USD 2.5 billion.