News Middle East03 Apr 2018

Egypt:Regulatory chief outlines huge goals for insurance sector

| 03 Apr 2018

Dr Mohamed Omran, Chairman of the Financial Regulatory Authority (FRA), has revealed that the National Strategy for Non-bank Financial Services, currently in the drafting stage, aims to double insurance premiums in the country to EGP50 billion (US$2.83 billion) by 2022 compared to EGP24 billion in 2017.

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