Egyptian insurance market in 2020: turnover per class of business
In thousands
| Class of business | 2020 turnover | 2019 turnover | 2019-2020 evolution * | 2020 shares | ||
|---|---|---|---|---|---|---|
| EGP | USD | EGP | USD | |||
Motor | 5 087 519 | 314 256 | 4 838 643 | 289 351 | 5.14% | 12.70% |
Health | 4 366 798 | 269 737 | 3 699 416 | 221 225 | 18.04% | 10.90% |
Fire | 3 766 557 | 232 660 | 3 330 127 | 199 141 | 13.11% | 9.40% |
Accident | 2 504 608 | 154 710 | 2 386 761 | 142 728 | 4.94% | 6.25% |
Engineering | 2 205 961 | 136 262 | 1 616 849 | 96 688 | 36.44% | 5.51% |
Marine ** | 1 917 247 | 118 428 | 1 894 465 | 113 289 | 1.20% | 4.79% |
Energy | 1 733 828 | 107 099 | 2 024 008 | 121 036 | -14.34% | 4.33% |
| Total non-life | 21 582 518 | 1 333 152 | 19 790 269 | 1 183 458 | 9.06% | 53.88% |
| Total life | 18 476 067 | 1 141 267 | 15 307 834 | 915 409 | 20.70% | 46.12% |
| Grand total | 40 058 585 | 2 474 419 | 35 098 103 | 2 098 867 | 14.13% | 100% |
* Evolution in local currency
** Includes aviation and maritime transport
Exchange rate EGP/USD as at 31/12 | 2020 | 2019 |
0.06177 | 0.0598 |
Read also | Insurance companies in Egypt
