Morocco tops the MENA region in terms of total insurance penetration, and life insurance penetration. This is despite the fact that in terms of premium volume, the country ranks as fifth largest in the region.
Hotels in Egypt are demanding lower premiums rates for insurance policies and to be allowed to pay premiums in instalments.
Insurance broking executives say that digital operations and online sales by insurance companies have made a dent in their business, especially in individual motor and health insurance.