Egypt: Insurers cooperate with regulator to develop parametric insurance and Nat CAT insurance pool
Source: Middle East Insurance Review | Dec 2024
The Insurance Federation of Egypt (IFE) is working with the Financial Regulatory Authority (FRA) to launch an index-based insurance product, according to IFE chairman Alaa El-Zoheiry.
Mr El-Zoheiry said that the IFE and FRA were developing a new insurance pool to cover natural disasters, to be introduced shortly. M