Arope Life Insurance-Egypt is preparing to engage in microinsurance after obtaining the necessary regulatory approvals for operating in this branch of business.
The Insurers Federation of Egypt (IFE) has emphasised that the insurance sector is a cornerstone of economic and financial stability. Moving beyond its traditional role of merely compensating for losses, the sector acts as a key driver of economic development and risk mitigation at both the macro and micro levels.
The Financial Regulatory Authority (FRA) is set to update its regulatory framework for approving insurance products, and to conduct a comprehensive review the terms and models of insurance policies for all branches of business.
The number of actuaries in Egypt reached 50 individuals as of 31 March 2026, compared to 46 experts compared to 12 months previously, according to the Financial Regulatory Authority's report on the technical performance of non-banking financial activities.
Misr Life Insurance Company (MLIC), Egypt's biggest life insurer, continued to demonstrate strong operating performance in 2025, says AM Best.
Suez Canal Insurance (SCI) has a track record of adequate operating performance, generating a solid return-on-equity (ROE) of 11.7% in 2025, says AM Best.
Misr Insurance Company (MIC), Egypt's biggest general insurer, continued to demonstrate a robust operating performance in 2025, notes AM Best.
The Financial Regulatory Authority (FRA) has issued its decision on reinsurance requirements for insurance companies. The decision was published in the Official Gazette on 17 June 2026.
The Insurers Federation of Egypt (IFE) is urging insurers to ramp up research and development in the industry to better understand the impact of digital trust on market behaviour.
Four companies have applied for the final licence for standalone medical insurance companies, the Chairman of the Financial Regulatory Authority (FRA), Dr Islam Azzam, has revealed.