Egypt’s regulator sees $11.4m revenues from ins. sector in FY2021
Thursday, 06 18 2020, Category: Insurance and Reinsurance, Country: Egypt
Egypt’s Financial Regulatory Authority (FRA) expects to achieve revenues worth 184 million Egyptian pounds ($11.4 million) from the country’s insurance sector within the 2020/2021 financial year.
The revenues are distributed as 40 million pounds for development fees as well as 115 million pounds for supervising insurance companies, besides 8 million pounds for supervising private insurance funds.
Source: Amwal Al Ghad