Egypt:Insurance industry's surplus jumps nearly 50% to US$289m in FY2024

23 Feb 2025

Egypt Life & Health Property & Casualty Financial Performance

Insurance companies operating in Egypt posted a surplus of EGP14.6bn ($289m) in the financial year ended 30 June 2024 (FY2024) from operations, according to Dr Mohamed Farid, chairman of the Financial Regulatory Authority (FRA). This result represents an increase of 49.3% over the EGP9.8bn reported for FY2023.

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