News Middle East23 May 2019

Egypt:Insurers post higher premium income but lower net gains in FY2018

23 May 2019

The Egyptian insurance market posted total premiums of around EGP30bn ($1.76bn) for the fiscal year ended 30 June 2018 (FY2018), a growth rate of around 23.4% compared to the EGP24bn chalked up for FY2017, according to the latest annual report of the Financial Regulatory Authority.

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