Egypt’s non-banking financial services (NBFS) segment is widely seen as underpenetrated, and it is thus expected to witness considerable growth throughout the coming five-year period to 2025, due to Egypt’s favourable demographics. Support efforts from the Egyptian government, the Financial Regulatory Authority (FRA) and the Central Bank of...
Although Egypt’s insurance sector has shown strong growth over the past decade, it faces a...
Despite uncertainty for economies across the region, Egypt’s capital market reform continued apace....
The largest of its kind in North Africa, Egypt’s banking sector has also long been seen as one of...
In terms of gross written premium (GWP), the UAE’s insurance market has ranked first within the MENA region since 2008. In 2018 it had the highest insurance penetration and density levels in the GCC, at 2.9% of GDP and $1195, respectively. Abu Dhabi’s insurers play an important role in the sector, but as of 2020 they faced a number of changes...
To what extent could greater consolidation in the insurance sector help lower pressure on margins, and could regulatory reform help in this regard?
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