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Market Research Report

Non-Life Insurance in Egypt, Key Trends

and Opportunities to 2018

The report provides in-depth market analysis, information and insights into the Egyptian nonlife 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

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.

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 2009
2013 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.

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.

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

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

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