Egyptian insurance market: 2021-2022 financial year results

Insurance marketThe Financial Regulatory Authority (FRA) has published the Egyptian insurance market's main performance indicators for the financial year 2021-2022, ending 30 June 2022.

Local insurers have recorded an overall turnover growth of 18.5% to reach 56.2 billion EGP (3 billion USD).

The settled claims amount increased by 16.7% to stand at 27.3 billion EGP (1.5 billion USD).

Insurance companies' total investments amounted to 153.3 billion EGP (8.1 billion USD), rising by 17.1% over a year.

Egyptian insurers' net assets totaled 178.4 billion EGP (9.5 billion USD).

0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits