Ins. Federation of Egypt studies market regularly
Monday, 10 01 2018, Category: Insurance and Reinsurance, Country: Egypt
The Insurance Federation of Egypt confirmed that it monitors the developments and problems of the Egyptian Insurance Market through its technical committees in collaboration and coordination with the Egyptian Financial Supervisory Authority. This is done through seminars, recommendations, decisions and regulatory issues in collaboration with the Authority.
Moreover, the Federation clarified through its monthly newsletter that the reinsurance renewals of 2018/2019 will focus on a number of issues such as the increase in the demand for reinsurance with respect to new risks, the development of alternative reinsurance as well as the increase in prices while the conditions remain the same, so cessions will increase.