Magazine date:
Nov 2022 
Fitch Ratings has affirmed Misr Insurance Company's "AA+" (egy) financial strength rating with a stable outlook.
The rating was driven by several key factors including the company's leading position in the Egyptian insurance market [4], its strong capitalization, its good financial performance, and its prudent investment strategy.
The Egyptian insurer recorded an 8.3% turnover increase by the end of the fiscal year 2021-2022, ended 30 June 2022. The premium volume has reached 10.4 billion EGP (552.39 million USD) against the 9.6 billion EGP (611.27 million USD) posted one year earlier.
The five-year average combined ratio stood at 87% and the return on equity (ROE) at 13%.