Egyptian insurance market: 2021-2022 financial year results
The 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).
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Fri, 17/03/2023 - 11:45
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