Egypt: Insurers' pre-tax profits jumped by 84% to over US$500m in FY2024

Published on May 1, 2025
Insurance companies operating in the Egyptian market posted combined pre-tax profits of EGP25.9bn ($513.3m) for the financial year ended 30 June 2024 (FY2024), compared to EGP14.06bn for the previous
Continue reading on website
Other news

Oman: Insurers across the industry face margin pressures

May 1, 2025
Rising costs, increased climate-related claims, and aggressive pricing strategies are putting pressure on margins across the industry, says Badri Management Consultancy, an international company

Islamic insurance: Profitability varies among regions but structural weaknesses emerge

May 1, 2025
Profitability in the Islamic general insurance branch varied across regions, with some markets facing rising claims pressures in 2024, the Islamic Financial Services Board (IFSB) said.