Egypt:Study being conducted on setting up a reinsurer

By MEIR team | 08 Feb 2022

Middle East North Africa Egypt Reinsurance

A study is currently underway to examine the feasibility of establishing a reinsurance company with Egyptian-Arab capital amounting to at least EGP1bn ($63.6m) and with its hub in Cairo, according to Mr Reda Abdel Moaty, vice chairman of the Financial Regulatory Authority (FRA).

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