Egypt: First microinsurer to be launched in 2Q2026

Source: Middle East Insurance Review | Feb 2026

Post Investment Company -- the investment arm of the Egyptian Post -- and AXA Egypt plan to obtain the final licence for Sawa Microinsurance Company and launch the joint venture in the second quarter of 2026.

Sawa is the first to secure approval from the Financial Regulatory Authority to establish a standalone microinsurance company. The approval is granted under the Unified Insurance Law passed in 2024, which provides for a regulatory framework for microinsurance.

The formation of Sawa falls under the strategic partnership announced by the two companies in October 2024, shortly after the passage of the Unified Insurance Law, to launch a new insurance entity aimed at expanding insurance protection for low-income groups. M

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