The Egyptian insurance sector collected EGP56.8bn ($1.2bn) in total premiums in the first six months of 2025, compared to EGP43.6bn during the corresponding half last year, climbing by 30.1%.
The industry paid EGP28.9bn in total compensation in 1H2025, shooting up by 44.5% from EGP20bn in 1H2024, reported Al Mal News, citing Dr Mohamed Farid, chairman of the Financial Regulatory Authority (FRA).
The following table shows the performance of the insurance market by the main branch of business:
|
|
Premiums
|
Compensation Paid
|
|
Branch
|
1H2025
|
1H2024
|
Y-o-Y change
|
1H2025
|
1H2024
|
Y-o-Y change
|
|
Life
|
24.5
|
20.2
|
21.1%
|
15.0
|
10.3
|
45.3%
|
|
Non-life
|
32.3
|
23.4
|
37.8%
|
13.9
|
9.7
|
43.6%
|
|
Total
|
56.8
|
43.6
|
30.1%
|
28.9
|
20.0
|
44.5%
|
|
Conventional
|
48.7
|
38.4
|
26.7%
|
25.7
|
18.0
|
42.6%
|
|
Takaful
|
8.1
|
5.2
|
54.4%
|
3.2
|
2.0
|
61.8%
|
|
Takaful market share
|
14.3%
|
11.9%
|
2.4ppt
|
11.1%
|
10.0%
|
1.1ppt
|
The 1H2025 data also shows that takaful business increased its market share compared to the first six months of 2024.