Egypt: Insurance premiums climb by 40% in Jan-Feb 2025

Published on May 1, 2025
Gross written premiums for Egypt's insurance market in the first two months of this year reached EGP21.3bn ($420m), up from EGP15bn in the corresponding period in 2024, a jump of 40.5%, according to
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Distinguished launches Commercial Surety division led by Miguel Ferreira

May 1, 2025
Distinguished Programs, a national insurance program manager, has launched a new Commercial Surety division, led by industry veteran Miguel Ferreira.The division expands Distinguished’s Surety program, joining its Contract Surety unit introduced in 2024, and is expected to begin underwriting in the second quarter of this year.The Commercial Surety division will offer tailored bonding solutions acr

Kin surpasses $100bn in total insurance property value demonstrating strong growth

May 1, 2025
Digital home insurance provider Kin has surpassed $100 billion in total insured property value, a milestone that highlights the company’s growth in consumer based and increased profitability.Over the past four years, Kin has demonstrated substantial growth, increasing its total insured value (TIV) from $10 billion to $100 billion while simultaneously strengthening its financial foundation.Notably,