According to Reda Abdel Moaty, Vice Chairman of the Financial Regulatory Authority (FRA), the Egyptian insurance market [4] is expected to grow by 16% in 2021, at the same rate as in 2020.
Growth in travel insurance premiums, insurers' adoption of digital means and the distribution of microinsurance products are among the factors contributing to the sector's growth.
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[3] https://www.atlas-mag.net/en/issue/the-insurance-market-after-the-covid-19
[4] https://www.atlas-mag.net/en/article/the-egyptian-insurance-market-2