Reinsurance in Egypt, Key Trends and Opportunities to 2018

Date: 2015-09

Egyptโ€™s insurance industry is gradually returning to normal after the political uprising in 2011, although the recent civil unrest has compelled insurers to make substantial payments. The insurance Federation of Egypt (IFE) claims that the political violence led to losses in the Egyptian insurance industry in 2012. The political upheaval had a highly debilitating effect on the insurance industry. However, the unfavorable environment had a positive effect on the reinsurance industry, and demand for reinsurance grew during the review period at a review-period compound annual growth rate (CAGR) of 11.5%.

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