Market Research Logo

Personal Accident and Health Insurance in Egypt, Key Trends and Opportunities to 2021

Personal Accident and Health Insurance in Egypt, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Egypt Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Egyptian personal accident and health insurance segment, and a comparison of the Egyptian insurance industry with its regional counterparts.

It provides 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, 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 'Personal Accident and Health Insurance in Egypt Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Egyptian personal accident and health insurance segment, including:

  • An overview of the Egyptian personal accident and health insurance segment
  • The Egyptian personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Egyptian economy and demographics
  • A comparison of the Egyptian personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Egyptian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Egypt
  • Details of regulatory policy applicable to the Egyptian insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Egypt:
  • It provides historical values for the Egyptian personal accident and health 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 personal accident and health insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Egyptian personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Egypt.
  • It profiles the top personal accident and health 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 personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Egyptian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health 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).
  • During the review period 2012–2016, the Egyptian personal accident and health insurance segment grew at a CAGR of 19.7%.
  • In September 20, 2016 the government of Egypt signed an agreement with African Development Bank (AFDB). AFDB will contribute EGP1.9 million (US$252,000.0) to the development of actuarial studies on health and social insurance in Egypt.
  • According to the World Health Organization (WHO), Egypt loses around 12,000 lives every year to road accidents.


  • Key Facts and Highlights
    • Table Egyptian Personal Accident and Health Insurance - Key Facts, 2016
    • Table Egyptian Personal Accident and Health Insurance - Segment Shares of the Top Insurers, 2016
  • Executive Summary
  • Economy and Demographics
    • Table Egyptian Government Credit Ratings
  • Segment Outlook
    • Table Egyptian Motor Insurance - Road Accident Numbers, 2011-2015
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Egyptian Personal Accident and Health Insurance - Gross Written Premium (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Penetration (%), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Gross Written Premium (EGP Billion and US$ Million), 2016-2021
        • Table Egyptian Personal Accident and Health Insurance - Penetration (%), 2016-2021
        • Table Egyptian Personal Accident and Health Insurance - Premium per Capita (EGP and US$), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Premium per Capita (EGP and US$), 2016-2021
      • Claims
        • Table Egyptian Personal Accident and Health Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Personal Accident and Health Insurance - Profitability Ratio (%), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Profitability Ratio (%), 2016-2021
      • Assets and investments
        • Table Egyptian Personal Accident and Health Insurance - Total Assets (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Total Assets (EGP Billion and US$ Million), 2016-2021
        • Table Egyptian Personal Accident and Health Insurance - Total Investment Income (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Total Investment Income (EGP Million and US$ Million), 2016-2021
        • Table Egyptian Personal Accident and Health Insurance - Investment Portfolio (EGP Billion), 2012-2016
        • Table Egyptian Personal Accident and Health Insurance - Investment Portfolio (EGP Billion), 2016-2021
  • Outlook by Category
    • Table Egyptian Personal Accident and Health Insurance - Direct Written Premium by Category (EGP Billion), 2012-2016
    • Table Egyptian Personal Accident and Health Insurance - Direct Written Premium by Category (EGP Billion), 2016-2021
    • Personal Accident Insurance
      • Premium
        • Table Egyptian Personal Accident Insurance - Direct Written Premium (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Personal Accident Insurance - Direct Written Premium (EGP Million and US$ Million), 2016-2021
      • Claims
        • Table Egyptian Personal Accident Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Personal Accident Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Personal Accident Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Personal Accident Insurance - Loss Ratio (%), 2016-2021
    • Health Insurance
      • Premium
        • Table Egyptian Health Insurance - Direct Written Premium (EGP Billion and US$ Million), 2012-2016
        • Table Egyptian Health Insurance - Direct Written Premium (EGP Billion and US$ Million), 2016-2021
      • Claims
        • Table Egyptian Health Insurance - Paid Claims (EGP Million and US$ Million), 2012-2016
        • Table Egyptian Health Insurance - Paid Claims (EGP Million and US$ Million), 2016-2021
      • Profitability
        • Table Egyptian Health Insurance - Loss Ratio (%), 2012-2016
        • Table Egyptian Health Insurance - Loss Ratio (%), 2016-2021
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Egyptian Personal Accident and Health 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
      • Bupa Egypt Insurance Company - company overview
        • Table Misr Insurance Company - Key Facts
        • Table Misr Insurance Company - 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
      • Egyptian Takaful Insurance Property Company - company overview
        • Table Misr Insurance Company - Key Facts
        • Table Misr Insurance Company - Key Financials (EGP Million), 2012-2016
      • AIG Egypt Insurance Company SAE - company overview
        • Table AIG Egypt Insurance Company SAE - Key Facts
        • Table AIG Egypt Insurance Company SAE - 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 Personal Accident and Health Insurance Industry - Policies and Premium, 2012-2016
      • Table Egyptian Personal Accident and Health Insurance Industry - Policies and Premium, 2016-2021
    • Claims and Expenses
      • Table Egyptian Personal Accident and Health Insurance - Claims and Expenses, 2012- 2016
      • Table Egyptian Personal Accident and Health Insurance - Claims and Expenses, 2016-2021
    • Assets and Investments
      • Table Egyptian Personal Accident and Health Insurance - Assets and Investments, 2012-2016
      • Table Egyptian Personal Accident and Health Insurance - Assets and Investments, 2016-2021
    • Personal Accident Insurance
      • Table Egyptian Personal Accident and Health Insurance - Personal Accident Insurance, 2012-2016
      • Table Egyptian Personal Accident and Health Insurance - Personal Accident Insurance, 2016-2021
    • Health Insurance
      • Table Egyptian Personal Accident and Health Insurance - Health Insurance, 2012-2016
      • Table Egyptian Personal Accident and Health Insurance - Health Insurance, 2016-2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report