86% of life insurance premiums generated by five insurers
According to the annual report of the Egyptian Financial Supervisory Authority, 86% of the life and capitalization premiums generated during the 2016-2017 financial year are controlled by five insurers.
According to the same source, these top five insurance companies recorded cumulative life premiums of 8.8 billion EGP (486 million USD) in a total market of 10.2 billion EGP (564 million USD).
Misr Insurance ranks first among local insurers with 3.3 billion EGP (182 million USD) in premiums and a market share of 32.3%.
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Wed, 25/04/2018 - 11:51
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