Egypt's Financial Regulatory Authority (FRA) reported that Egypt's insurance sector recorded strong growth in the first four months of 2025, with total premiums collected rising by 34.2 per cent to 38.40 billion Egyptian pounds, compared to 28.62 billion Egyptian pounds during the same period in 2024. Premiums from property and liability insurance rose by 45.6 per cent to 22,06 billion Egyptian pounds, up from 15.14 billion Egyptian pounds. Life and savings insurance premiums also increased by 21.3 per cent, reaching 16.34 billion Egyptian pounds, compared to 13.47 billion Egyptian pounds. Total compensation paid to policyholders grew by 34.9 per cent, reaching 18.44 billion Egyptian pounds, compared to 13.67 billion Egyptian pounds a year earlier. Of this total, property and liability insurance accounted for 8.94 billion Egyptian pounds, an increase of 34.8 per cent, while life and savings insurance claims totalled 9.50 billion Egyptian pounds, up 35.0 per cent. Takaful insurance (Islamic insurance) recorded the fastest growth, with premiums rising by 55.5 per cent to 5.53 billion Egyptian pounds, up from 3.56 billion Egyptian pounds. Conventional insurance premiums reached 32.86 billion Egyptian pounds, showing a 31.2 per cent increase from 25.05 billion Egyptian pounds. Takaful-related compensation increased by 41.7 per cent to 1.89 billion Egyptian pounds. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
