Egypt drives insurance reforms to attract foreign investors

Egypt's insurance market is expanding as reforms reshape the sector. The government introduced a Unified Insurance Law, tightened capital requirements for insurers and reinsurers, and plans to list up to 20% of state‑owned Misr Life Insurance on the Egyptian Exchange, aiming to boost private‑sector participation and draw global insurers.

The reforms target higher insurance penetration through digital services, stronger consumer protections, and new products for health coverage, small‑ and medium‑sized enterprises, export risks and other strategic areas. Market‑research firms note growing opportunities in life, health, motor, property and insur‑tech, while insurers still face challenges in customer acquisition, regulatory compliance and risk management.