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.
This represented an increase of approximately EGP6.68bn or 31%, reflecting the companies’ continued efforts to strengthen their capital bases.
Misr Insurance Company had the highest paid-up capital of EGP10bn, followed by Misr Life Insurance with a capital of EGP5bn. The two state-owned insurers, which are also the largest in terms of premiums in their respective branches, accounted for more than half of the sector’s total paid-up capital.
Misr Life Insurance raised its paid-up capital by EGP2bn while Misr Insurance’s paid-up capital remained unchanged between 2024 and 2025.
|
Paid-up capital
|
|
Company
|
2024 EGP m
|
2025 EGP m
|
Change
|
|
Misr Insurance
|
10,000
|
10,000
|
-
|
|
Misr Life Insurance
|
3,000
|
5,000
|
66.6%
|
|
Others (37 insurers)
|
8,531
|
13,210
|
54.8%
|
|
Total insurance sector
|
21,531
|
28,210
|
31.0%
|
Insurance companies in Egypt have been increasing their paid-up capital to comply with the Unified Insurance Law's requirements.
The board of directors of the Financial Regulatory Authority (FRA) has set minimum capital requirements for insurers to implement the Unified Insurance Law issued in July 2024. The decree became effective on 20 January 2025. Insurance companies shall increase their capital to EGP400m in the first year and then to EGP600m by the end of the second year.
The decree further stipulates that property and liability insurers operating in high-risk sectors like petroleum, aviation, and energy must hold a minimum capital of EGP400m, increasing by EGP50m for each additional branch. Within two years, this will rise to EGP600m, with additional increases for new branches. Other insurers must comply with the following minimum capital requirements: EGP40m for microinsurance, EGP75m for specialised insurance, and EGP1bn for reinsurance.