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

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Main Title
Market Research Report 
Non-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 non-life insurance segment,
including The Egyptian non-life insurance
segments growth prospects by non-life insurance
category Key trends and drivers for the
non-life insurance segment   The various
distribution channels in the Egyptian non-life
insurance segment  The detailed competitive
landscape in the non-life insurance segment in
Egypt Detailed regulatory policies of the
Egyptian insurance industry Analysis of
various consumer segments in Egyptian non-life
insurance Key developments in the Egyptian
non-life insurance segment New products
launched by Egyptian non-life insurers
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Report Overview Amid the political turbulence
and unceasing violent protests, Egypts economic
growth has suffered a telling blow, with GDP
growth declining from 5.1 in 2010 to 2.1 in
2013. The insurance industry remained largely
unscathed, however, registering a compound annual
growth rate (CAGR) of 11.8 during the review
period (20092013). The non-life segment
accounted for 47.7 of the industrys total gross
written premium in 2013. The non-life segment
led the industrys overall growth, supported by
high demand for property and casualty products
during the political violence. Motor insurance
accounted for 37.6 of the Egyptian non-life
insurance written premium in 2013, followed by
property insurance with 33.0. The Egyptian
non-life insurance segment is highly concentrated.
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Scope This report provides a comprehensive
analysis of the non-life insurance segment in
Egypt It provides historical values for
Egypts non-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 Egypts non-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 non-life insurance
products in Egypt. It profiles the top
non-life insurance companies in Egypt and
outlines the key regulations affecting them.
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Key Highlights The non-life segment
accounted for 47.7 of the Egyptian insurance
industrys total gross written premium in
2013.  In 2013, the CBE removed the ban on
bancassurance, which should benefit non-life
insurance business. The motor insurance
category claimed the largest proportion of the
Egyptian non-life insurance segment in 2013.
The countrys low penetration rate of just 0.32
presents numerous avenues of growth not only to
existing insurers, but also encouraging other
multinationals to enter the segment.  With the
approval of the EFSA, an increasing number of
insurers are launching, or planning to launch,
professionally managed mutual funds. The
Egyptian insurance industry suffers from a lack
of skilled manpower, and products are not fairly
priced, due to the countrys lack of actuarial
scientists. Consequently, companies engage in
price competition rather than product
differentiation and innovation. 
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Table of Contents 1 Key Facts and Events 2
Executive Summary 3 Introduction 4  Egypt
Insurance Industry Attractiveness 5 Non-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 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 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. Evaluate
competitive risk and success factors To Get
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