News Middle East20 Oct 2019

Egypt:Compulsory insurance aims to address lack of awareness

| 20 Oct 2019

The insurance market in Egypt has suffered for a long time from the lack of insurance awareness among individuals, so it contributes a small percentage to the GDP of about 1.1%. The Insurance Federation of Egypt aims to increase this percentage to 3% during the next three years, Mr Alaa El-Zoheiry, chairman of the federation, says.

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