The Financial Regulatory Authority (FRA) has issued its first unified services guide for the non-banking financial sector, including the insurance industry.
The life insurance market in Egypt is undergoing a noticeable shift in customer preferences, with rising demand for investment-linked products over traditional policies that have been heavily impacted by decades of high inflation, according to the Insurers Federation of Egypt (IFE).
The Egyptian cabinet has approved the automatic enrolment of the country's vulnerable citizens into the state-run universal health insurance system.
The Financial Regulatory Authority (FRA) has issued a resolution for a model policy for the Government Fund for Insurance against Risks Resulting from Medical Errors.
The Financial Regulatory Authority (FRA) has issued a decision regulating the work of the "Committee for the Protection of Clients and Settlement of Disputes in Insurance".
The Financial Regulatory Authority (FRA) has issued a resolution regarding the rules and standards regulating the practice of healthcare management operations in Egypt.
Misr Insurance Company, Egypt's biggest insurer, has produced a financial performance viewed as good by Fitch Ratings, with a net annualised return on average equity of 14% in the six months ended 31 December 2024 (1HFY25) and averaging 12% over FY21-FY24, driven primarily by investment income.
Egypt's Financial Regulatory Authority (FRA) is allowing life insurance companies to invest directly in precious metals, including gold, in a decision that is the first of its kind in the Egyptian market.
Egypt's insurance regulator, the Financial Regulatory Authority (FRA), has issued new regulations concerning the registration of reinsurance companies and their branches to carry out business with Egyptian insurers.
The Financial Regulatory Authority (FRA) has so far issued 47 regulations to implement and enforce the Unified Insurance Law, which was enacted in July 2024, revealed FRA Chairman Mohamed Farid.