Egypt:Mid-tier insurer's operating performance seen as adequate despite high expense ratio

By MEIR team | 16 Apr 2024

Egypt Life & Health Property & Casualty Financial Performance

The operating performance of Suez Canal Insurance (SCI) is assessed as adequate, according to AM Best. The insurer has reported a five-year (2019 - 2023) weighted average return-on-equity ratio of 15.8%.

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