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Egyptian insurance market in 2022: turnover per class of business

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Magazine Issue: 
Atlas Magazine, 20 years of publication [3]
Magazine date: 
Apr 2023

Figures in thousands USD

Class of business201820192020202120222022 shares
Motor241 214289 351313 782374 411357 98512.02%
Health163 609221 225267 644300 240314 37010.56%
Fire161 972199 142232 602264 184242 6428.15%
Accident119 740142 728154 526170 477190 4206.39%
Engineering80 82096 687136 260151 963133 3194.48%
Energy111 039121 036107 097114 724106 0413.56%
Marine (1)90 667113 289118 422114 244103 5773.48%
Total non-life969 0611 183 4581 330 3331 490 2431 448 35448.64%
Total life (2)678 948915 4091 141 2671 526 5251 529 51951.36%
Grand total1 648 0092 098 8672 471 6003 016 7682 977 873100%

(1) Including aviation and marine transport
(2) Excluding acceptances
Financial year at the end of June

Figures in thousands EGP

Class of business201820192020202120222022 shares
Motor4 322 0534 838 6445 079 8505 880 4986 740 45112.02%
Health2 931 5383 699 4164 332 9224 715 5675 919 23210.56%
Fire2 902 2113 330 1273 765 6084 149 2704 568 6678.15%
Accident2 145 5032 386 7612 501 6382 677 5103 585 3786.39%
Engineering1 448 1251 616 8492 205 9192 386 7322 510 2464.48%
Energy1 989 5952 024 0081 733 8121 801 8501 996 6313.56%
Marine (1)1 624 5581 894 4651 917 1381 794 3171 950 2353.48%
Total non-life17 363 58319 790 27021 536 88723 405 74427 270 84048.64%
Total life (2)12 165 34415 307 83418 476 06723 975 57128 799 07751.36%
Grand total29 528 92735 098 10440 012 95447 381 31556 069 917100%

(1) Including aviation and marine transport
(2) Excluding acceptances
Financial year at the end of June
Source : Financial Regulatory Authority. Egypt
Exchange rate as at 30/06/2022 : 1 EGP = 0.05311 USD ; 30/06/2021 : 1 EGP = 0.06367 USD ; 30/06/2020 : 1 EGP = 0.06177 USD ; 30/06/2019 : 1 EGP = 0.0598 USD ; 30/06/2018 : 1 EGP = 0.05581 USD.

Read also | Insurance companies in Egypt [4]

Egypt

Fri, 07/04/2023 - 07:18

Source URL: https://www.atlas-mag.net/en/article/egyptian-insurance-market

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-200-april-2023
[4] https://www.atlas-mag.net/en/article/top-10-insurance-companies-in-egypt-ranking-per-gwp