The Egyptian insurance sector reported a combined paid-up capital of EGP28.21bn ($550.33m) as of the end of 2025, compared to EGP21.53bn as of 31 December 2024, according to industry statistics.
The fire insurance branch has faced challenges for many years related to high and frequent losses, which require concerted efforts to improve pricing mechanisms and technical evaluation, said Dr Tarek Seif, Vice Chairman of the Financial Regulatory Authority.
The Insurers Federation of Egypt (IFE) has called for investment in training specialised technical cadres within insurance companies, enabling them to understand the complex nature of risks associated with solar energy, wind energy and battery energy storage systems, and to evaluate and price the risks with a higher degree of accuracy.
The Board of Directors of the Financial Regulatory Authority (FRA) has issued a decision to abolish the requirement that obligates insurance and reinsurance brokerage firms to open at least two branches within three years of launching operations as a licensing prerequisite.
The Insurers Federation of Egypt (IFE) has published 11 recommendations to insurance companies covering maritime and transport risks, responding to on-going developments related to the US-Iran war, and the rapid repercussions on maritime and air traffic, international transport and trade routes.
The Financial Regulatory Authority (FRA) has prohibited insurance consultants from assuming executive management roles in insurance or reinsurance brokerage companies.
The Financial Regulatory Authority (FRA) has approved the registration of the Government Fund for Insurance Against Medical Error Risks, in line with regulations concerning insurance operations covered by the Fund.
Revenue from conventional insurance and takaful activities totalled about EGP65.73bn ($1.3bn) from January to June 2026, 15.7% higher compared to EGP56.81bn in the corresponding half of 2025, according to the Financial Regulatory Authority (FRA).
The Insurers Federation of Egypt (IFE) has urged domestic insurers to adopt global innovations in genetic testing, artificial intelligence (AI), and personalised medicine to modernise the sector's risk management and underwriting practices.
The fire and explosion at Arabella Plaza Mall in New Cairo's Fifth Settlement, in Egypt, that resulted in three deaths, 11 injuries and material damage, has highlighted the importance of having integrated insurance programmes for facilities that hold large numbers of people, especially malls and shopping centres.