Life Insurance Market in Egypt, Key Trends and Opportunities to 2018

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Main Title
Market Research Report 
Life Insurance in Egypt, Key Trends and
Opportunities to 2018
reportscue
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Synopsis The report provides in-depth market
analysis, information and insights into the
Egyptian life insurance segment, including
The Egyptian life insurance segments growth
prospects by life insurance category Key
trends and drivers for the life insurance
segment  The various distribution channels in
the Egyptian life insurance segment The
detailed competitive landscape in the life
insurance segment in Egypt Detailed regulatory
policies of the Egyptian insurance industry
Analysis of various consumer segments in Egyptian
life insurance Key developments in the
Egyptian life insurance segment New products
launched by Egyptian life insurers
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Report OverviewThe political upheaval of 2011
is still affecting Egypt, and the country is
moving through a transitional phase with low
level of foreign direct investment (FDI), a high
budget deficit, rising poverty rates and high
unemployment. The difficult political situation
had a negative effect on Egyptian life insurers
in 2013. The Egyptian life insurance segment
accounted for 41.2 of the industrys gross
written premium in 2013. The segment grew at a
review-period CAGR of 14.4 in 2013. Individual
life accounted for the highest share among all
categories in the segment with 32.4 in 2013,
followed by group whole life with 19.5. The
extraordinarily low life insurance penetration of
0.30 not only presents numerous growth
opportunities for existing insurers, but also
encourages other multinationals to enter the
segment. The government is creating a favorable
environment for the industry, and the
reintroduction of bancassurance and allowance of
professionally managed mutual funds should
benefit the segment.
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Scope This report provides a comprehensive
analysis of the life insurance segment in
Egypt It provides historical values for the
Egyptian life insurance segment for the reports
20092013 review period, and projected figures
for the 20132018 forecast period. It offers a
detailed analysis of the key categories in the
Egyptian life insurance segment, along with
market forecasts until 2018. It covers an
exhaustive list of parameters, including written
premium, incurred loss, loss ratio, commissions
and expenses, combined ratio, frauds and crimes,
total assets, total investment income and
retentions. It analyses the various
distribution channels for life insurance products
in Egypt. It profiles the top life insurance
companies in Egypt and outlines the key
regulations affecting them.
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Key Highlights The Egyptian life insurance
segment is concentrated, with the five leading
companies accounting for 89.3 of the segments
gross written premium in 2013. The life
segment accounted for 41.2 of the overall
insurance industrys gross written premium in
2013.  In 2013, the CBE removed the ban on
bancassurance, which should benefit life
insurance business. The life segment in Egypt
is still in its infancy, with products largely
standardized, although insurers are developing
and upgrading products to meet changing consumer
needs due to the countrys volatile political and
economic condition. The extraordinarily low
life insurance penetration of 0.30 in 2013 not
only presents numerous growth opportunities to
existing insurers, but also encourages other
multinationals to enter the segment. 
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Table of Contents 1 Key Facts and Events 2
Executive Summary 3 Introduction 4 Egyptian
Insurance Industry Attractiveness 5 Life
Insurance Outlook 6 Analysis by Distribution
Channel 7 Governance, Risk and Compliance 8
Competitive Landscape and Strategic Insights 9
Appendix 1 10 Appendix 2
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Reason To Buy Make strategic business
decisions using in-depth historic and forecast
market data related to the Egyptian life
insurance segment and each category within it.
Understand the demand-side dynamics, key market
trends and growth opportunities in the Egyptian
life insurance segment. Assess the competitive
dynamics in the life insurance segment.
Identify the 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. To Get
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