Egypt’s FRA requires insurers to invest 5% in equity funds
Egyptian Financial Regulatory Authority (FRA) has mandated insurance and reinsurance companies to allocate a…
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insurance sector
Egypt’s Senate reviews capital market law, insurance sector reforms
Egypt’s Senate has approved a report assessing the legislative impact of key provisions in the Capital Market Law…
Egypt’s FRA total financing hit EGP 646.6b in 1st 9m of ’24
Egypt's Financial Regulatory Authority (FRA) announced that total financing provided by entities under its…
Egypt’s non-banking financial sector financing hits EGP 62b in July
The total insurance premiums collected in Egypt amounted to 9.2 billion Egyptian pounds by the end of July 2024,…
China unveils measures to strengthen insurance sector
China's state council announced on Wednesday plans to implement comprehensive measures to improve the country's…
European shares rise on Thursday
European shares opened higher on Thursday, buoyed by favourable inflation data and gains in the insurance sector.
Egypt expands ownership base of state-owned companies
The Egyptian government is actively working to accelerate the programme that expands the ownership base of…
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…
Egypt’s FRA newly adopted stress test shows “strength” of NBFS institutions –…
Financial Regulatory Authority's first stress test on the impact of covid-19 on the non-banking financial services…
Egyptian insurance sector’s premiums likely to fall 15% in FY21 due to coronavius
The premiums of Egypt’s insurance sector is expected to decline between 15-20 percent within the 2020/2021…
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