Egypt’s FRA forms committee for insurance pools
Egypt’s Financial Regulatory Authority (FRA) has formed a committee to prepare a unified model for the bylaws of…
Browsing Tag
Egyptian insurance market
Egypt’s insurance premiums soar 34% YoY at June-end – FRA chair
Egypt’s Financial Regulatory Authority (FRA) reported on Monday a 34 per cent year-on-year growth in total…
AM Best: Egypt insurance market proving resilient despite ‘challenging economic…
Egypt’s insurance market is still proving resilient in the face of challenging economic conditions they are facing…
Misr Emirates Life Takaful to raise capital to EGP 250 million by year-end
Misr Emirates Life Takaful – SALAMA, part of UAE’s Islamic Arab insurance Companies, plans to increase its paid-up…
Egypt’s Contact Financial Holding launches digital comprehensive car insurance product
Egypt’s Contact Financial Holding, formerly Sarwa Capital, has launched on Monday its digital comprehensive car…
Moroccan insurer Wafa Assurance expands activity to Egypt
Morocco's biggest insurance company Wafa Assurance, part of Attijariwafa Bank, has expanded its insurance business…
Kuwait Insurance board to discuss setting up new unit in Egypt
The board of Kuwait Insurance Company will meet on Sunday to discuss setting up a new subsidiary in Egypt.
Kuwait’s Aman Takaful Insurance renews talks to enter Egyptian market
Kuwait’s Aman Takaful Insurance Company has renewed talks with authorities in Egypt to enter the Egyptian insurance…
Takaful premiums in Egypt reach 2.3 bln pounds at July-end
The premiums of Egypt’s Islamic insurance, or takaful sector registered 2.3 billion Egyptian pounds ($130.1…
Takaful captures 9.6% of total insurance premiums in Egypt in 11 months
Takaful firms have managed to capture 9.6 percent of the total insurance premiums in Egypt throughout the first 11…
Moody’s expects gradual economic recovery in Egypt insurance sector
The Egyptian insurance market should see strong premium and profit growth in the next 12-18 months, aided by the…
Kuwait’s Gulf Insurance Group mulls increasing stake in Egypt affiliates
Gulf Insurance Group, Kuwait’s largest composite insurer, plans to raise its stake in Egyptian affiliates in the…
Takaful captures 8.6% of Egypt total insurance compensations in 5 months
Takaful firms have seized around 8.6 percent of the total insurance compensations paid in the Egyptian market…
Takaful seizes 12.77% of total insurance premiums in Egypt
The Egyptian takaful premiums have managed to capture in two months around 12.77 percent of the total insurance…
Moody’s: Egypt is second biggest insurance market in North Africa
Global rating agency Moody’s said Egypt comes second place after Morocco, the biggest insurance market in North…
Axa gets Regulatory Initial Approval to enter Egypt Insurance Market
Egypt’s market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading…
Egypt’s Insurance Federation hosts First Forum on Risk Management next Feb
Egypt hosts next February the first forum on risk management, under the theme of “The Role of Insurance Experts in…
Kuwaiti Investors Eye Egypt Insurance Market, US$68mn Investments
A group of Kuwaiti investors has expressed intention to start business in Egypt’s insurance market, deputy head of…
LIoyd’s Seeks a Country Office in Egypt
The world’s specialist insurance market LIoyd’s is seeking to have its presence in Egypt, said deputy head of…
UK LIoyds’s Joins Egypt Regulator’s List of Accredited Reinsurers
Egypt has recently included the world’s specialist insurance and reinsurance market LIoyd’s to its list of…