Egypt – Ins. market GWP to reach EGP 29 billion this year
Tuesday, 10 08 2019, Category: Insurance and Reinsurance, Country: Egypt
Mr. Alaa El Zoheiry, Chairman of the Insurance Federation of Egypt, revealed that insurance companies achieved premiums of EGP 29 billion this year. He indicated that premiums reached EGP 22 billion last year and confirmed that the federation launched campaigns to the public to market insurance and explain its role in protecting people.
Moreover, Mr. El Zoheiry explained that the Egyptian insurance sector has been active for 120 years noting that there are now 38 companies including 15 life insurance companies and 23 non-life insurance companies.