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Non-Life Insurance in Egypt, Key Trends and Opportunities to 2021

Non-Life Insurance in Egypt, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Non-Life Insurance in Egypt Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Egyptian non-life insurance segment, and a comparison of the Egyptian insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Egyptian economy and demographics, explains the various types of natural hazard and their impact on the Egyptian insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Non-Life Insurance in Egypt Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Egyptian non-life insurance segment, including:

  • The Egyptian non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Egyptian economy and demographics
  • A comparison of the Egyptian non-life insurance segment with its regional counterparts
  • The various distribution channels in the Egyptian non-life insurance segment
  • Detailed analysis of natural hazards and their impact on the Egyptian insurance industry
  • Details of the competitive landscape in the non-life insurance segment in Egypt
  • Details of regulatory policy applicable to the Egyptian insurance industry
Scope

This report provides a comprehensive analysis of the non-life insurance segment in Egypt:
  • It provides historical values for the Egyptian non-life insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
  • It offers a detailed analysis of the key categories in the Egyptian non-life insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Egyptian non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in Egypt.
  • It analyzes various natural hazards and their impact on the Egyptian insurance industry
  • It profiles the top non-life insurance companies in Egypt, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Egyptian non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Egyptian non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Egyptian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In February 2017, the Egyptian Financial Supervisory Authority (EFSA) announced plans to increase the minimum capital requirement for insurers from EGP60.0 million (US$7.8 million) to EGP200.0 million (US$26.0 million)
  • According to Em-Dat, Egypt’s total economic loss due to natural catastrophes valued EGP2.2 billion (US$213.9 million) during 1990–2016.
  • In December 2016, EFSA approved the online distribution of microinsurance products.
  • According to the Central Agency for Public Mobilization and Statistics (CAPMAS), total exports from Egypt rose from EGP1.0 trillion (US$159.9 billion) in 2012 to EGP1.8 trillion (US$178.2 billion) in 2016, at a review period CAGR of 15.8%.


  • Key Facts and Highlights
    • Table Egyptian Non-Life Insurance - Key Facts, 2016
    • Table Egyptian Non-Life Insurance - Segment Shares of the Top Insurers, 2016
  • Executive Summary
  • Economy and Demographics
    • Table Egyptian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Egyptian Non-Life Insurance - Gross Written Premium (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Non-Life Insurance - Penetration (%), 2012-2016
        • Table Egyptian Non-Life Insurance - Gross Written Premium (EGP Billion and US$ Million), 2016-2021
        • Table Egyptian Non-Life Insurance - Penetration (%), 2016-2021
        • Table Egyptian Non-Life Insurance - Premium per Capita (EGP and US$), 2012-2016
        • Table Egyptian Non-Life Insurance - Premium per Capita (EGP and US$), 2016-2021
      • Claims
        • Table Egyptian Non-Life Insurance - Paid Claims (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Non-Life Insurance - Paid Claims (EGP Billion and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Non-Life Insurance - Profitability Ratio (%), 2012-2016
        • Table Egyptian Non-Life Insurance - Profitability Ratio (%), 2016-2021
      • Assets and investments
        • Table Egyptian Non-Life Insurance - Total Assets (EGP Billion and US$ Billion), 2012-2016
        • Table Egyptian Non-Life Insurance - Total Assets (EGP Billion and US$ Billion), 2016-2021
        • Table Egyptian Non-Life Insurance - Total Investment Income (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Non-Life Insurance - Total Investment Income (EGP Billion and US$ Million), 2016-2021
        • Table Egyptian Non-Life Insurance - Investment Portfolio (EGP Billion), 2012-2016
        • Table Egyptian Non-Life Insurance - Investment Portfolio (EGP Billion), 2016-2021
  • Outlook by Category
    • Table Egyptian Non-Life Insurance - Direct Written Premium by Category (EGP Billion), 2012-2016
    • Table Egyptian Non-Life Insurance - Direct Written Premium by Category (EGP Billion), 2016-2021
    • Property Insurance
      • Product overview
      • Premium
        • Table Egyptian Property Insurance - Direct Written Premium by Sub-Category (EGP Billion), 2012-2016
        • Table Egyptian Property Insurance - Direct Written Premium by Sub-Category (EGP Billion), 2016-2021
      • Claims
        • Table Egyptian Property Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Property Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Property Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Property Insurance - Loss Ratio (%), 2016-2021
    • Motor Insurance
      • Product overview
      • Premium
        • Table Egyptian Motor Insurance - Direct Written Premium by Sub-Category (EGP Billion), 2012-2016
        • Table Egyptian Motor Insurance - Direct Written Premium by Sub-Category (EGP Billion),
      • Claims
        • Table Egyptian Motor Insurance - Paid Claims (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Motor Insurance - Paid Claims (EGP Billion and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Motor Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Motor Insurance - Loss Ratio (%), 2016-2021
    • Liability Insurance
      • Product overview
      • Premium
        • Table Egyptian Liability Insurance - Direct Written Premium (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Liability Insurance - Direct Written Premium (EGP Million and US$ Million), 2016-2021
      • Claims
        • Table Egyptian Liability Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Liability Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Liability Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Liability Insurance - Loss Ratio (%), 2016-2021
    • Marine, Aviation and Transit Insurance
      • Product overview
        • Table Egyptian Transport Network - Global Rankings
      • Premium
        • Table Egyptian Marine, Aviation and Transit Insurance - Direct Written Premium (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Marine, Aviation and Transit Insurance - Direct Written Premium (EGP Million and US$ Million), 2016-2021
      • Claims
        • Table Egyptian Marine, Aviation and Transit Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Marine, Aviation and Transit Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2016-2021
  • Distribution Channel Outlook
  • Natural and Man-Made Hazards
    • Flooding
    • Extreme Temperature
    • Earthquakes
    • Dust and Sandstorms
    • Man-Made Disasters
    • Exposure
  • Competitive Landscape
    • Table Egyptian Non-Life Insurance - Segment Shares of the Leading Insurers (%), 2016
    • Company Profiles
      • Misr Insurance Company - company overview
        • Table Misr Insurance Company - Key Facts
        • Table Misr Insurance Company - Key Financials (EGP Million), 2012-2016
      • Arab Misr Insurance Group - company overview
        • Table Arab Misr Insurance Group - Key Facts
        • Table Arab Misr Insurance Group - Key Financials (EGP Million), 2012-2016
      • Suez Canal Insurance Company - company overview
        • Table Suez Canal Insurance Company - Key Facts
        • Table Suez Canal Insurance Company - Key Financials (EGP Million), 2012-2016
      • Royal Insurance Company - company overview
        • Table Royal Insurance Company - Key Facts
        • Table Royal Insurance Company - Key Financials (EGP Million), 2012-2016
      • Arab Orient Takaful Insurance Company - company overview
        • Table Arab Orient Takaful Insurance Company - Key Facts
        • Table Arab Orient Takaful Insurance Company - Key Financials (EGP Million), 2012-2016
  • Governance, Risk and Compliance
    • Table Egypt - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Egypt - Life Insurance Regulatory Framework
      • Property insurance
        • Table Egypt - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Egypt - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Egypt - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Social Insurance System
      • Aviation third-party liability insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Egyptian Financial Supervisory Authority
      • Insurance Federation of Egypt
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Egypt - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Egyptian Insurance Industry - Policies and Premium, 2012-2016
      • Table Egyptian Insurance Industry - Policies and Premium, 2016-2021
    • Claims and Expenses
      • Table Egyptian Non-Life Insurance - Claims and Expenses, 2012-2016
      • Table Egyptian Non-Life Insurance - Claims and Expenses, 2016-2021
    • Assets and Investments
      • Table Egyptian Non-Life Insurance - Assets and Investments, 2012-2016
      • Table Egyptian Non-Life Insurance - Assets and Investments, 2016-2021
    • Property Insurance
      • Table Egyptian Non-Life Insurance - Property Insurance, 2012-2016
      • Table Egyptian Non-Life Insurance - Property Insurance, 2016-2021
    • Property Insurance by Product
      • Table Egyptian Non-Life Insurance - Property Insurance by Product, 2012-2016
      • Table Egyptian Non-Life Insurance - Property Insurance by Product, 2016-2021
    • Motor Insurance
      • Table Egyptian Non-Life Insurance - Motor Insurance, 2012-2016
      • Table Egyptian Non-Life Insurance - Motor Insurance, 2016-2021
    • Motor Insurance by Product
      • Table Egyptian Non-Life Insurance - Motor Insurance by Product, 2012-2016
      • Table Egyptian Non-Life Insurance - Motor Insurance by Product, 2016-2021
    • Liability Insurance
      • Table Egyptian Non-Life Insurance - Liability Insurance, 2012-2016
      • Table Egyptian Non-Life Insurance - Liability Insurance, 2016-2021
    • Marine, Aviation and Transit Insurance
      • Table Egyptian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2012-2016
      • Table Egyptian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2016-2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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