Digital reputation risk has emerged to as one of the most complex and influential risks for insurers today, due to its ability to spread rapidly across digital platforms and potentially resulting in financial and operational repercussions that may extend for years.
The Financial Regulatory Authority (FRA) has given preliminary approval for Orient Insurance Egypt to join the Financial Technology Applications Regulatory Sandbox (FRA-Sandbox) to test a new digital project involving remote inspection and damage assessment in supplementary motor insurance.
The Financial Regulatory Authority (FRA) has held a consultative meeting with the managing directors of Egyptian insurance companies and executives responsible for reinsurance, to discuss the regulatory standards for reinsurance.
The Insurers Federation of Egypt (IFE) has confirmed that the country's healthcare segment is facing a series of strategic challenges related to digital transformation, most notably the high initial costs required to implement AI.
The insurance industry in Egypt achieved strong growth in 2025, supported by the implementation of the Unified Insurance Law of 2024 and the expansion of the customer base, reflecting the growing role of the sector in supporting financial stability and providing protection for various economic activities.
Fawry for Banking Technology and Electronic Payments (Fawry), a company which operates a digital-only financial services platform, has obtained a third-party administrator (TPA) licence in Egypt through its subsidiary Treemed TPA, marking a decisive expansion into healthcare services.
The Financial Regulatory Authority (FRA) has issued a decision regarding the rules, standards and controls for companies licensed to practice takaful business, in a step aimed at stimulating the Egyptian market and improving operational efficiency.
The Insurers Federation of Egypt (IFE) has advocated for the development of a broader range of sustainable insurance products that meet environmental, social, and governance (ESG) standards.
The Financial Regulatory Authority has granted Misr Reinsurance Brokerage Company a licence to practise reinsurance brokerage activity in the Egyptian market.
Misr Life Insurance, the state-owned life insurer in Egypt, has appointed Mr Saleh Imam as Vice President.