Wednesday, April 22, 2015

Premium growth for Egypt by 12%

Egypt market premiums reached US$1.9 bill for the fiscal year ended 30 June 2014, according to EFSA. Figure represents an increase of 12.2%.

EFSA said that insurance industry reached a double profit for year 2013/14 at EGP1,6billion.

EFSA is now considering amending the insurance law and that includes developing a separate legislation specifically for Takaful

Source: Insurance News

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