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Sep 2022

Life business is the bright spot for Egypt

Source: Middle East Insurance Review | Sep 2022

Egypt’s insurance sector achieved top-line growth of 13.1% to reach EGP27.8bn ($1.4bn) during the January-June period of 2022, led by robust performance of the life and takaful segments. In particular, life not only outpaced that of non-life in terms of GWP growth but also expanded the share of business in total premiums to 60.9% during the period.
 

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