The total value of insurance companies’ investments increased at the end of fiscal year 2022 to reach EGP 153.3 billion, compared to EGP 103.3 billion at the end of the previous fiscal year, an increase of 17.1%.
The FRA added, through its statistical yearbook, that the value of total premiums for insurance companies increased during the fiscal year 2022 to reach 56.2 billion pounds, compared to 47.5 billion pounds during the previous year, an increase of about 18.3%.

The value of net assets of insurance companies increased at the end of fiscal year 2022 to reach EGP 178.4 billion, compared to EGP 151.4 billion in the previous year, an increase of 17.8%.
And it indicated that the value of total compensation paid by insurance companies during the fiscal year 2022 increased to reach 27.3 billion pounds, compared to 23.4 billion pounds during the previous year, an increase of about 16.7%.
The FRA indicated an increase in the surplus of insurance activity for companies, at a growth rate of 53.7%, to reach 8.6% billion pounds during the fiscal year 2022, compared to a surplus of 5.6 billion pounds during the previous fiscal year.

And the FRA’s statistical book decided that the value of the total rights of insurance companies’ policyholders increased at the end of fiscal year 2022 to reach 103.2 billion pounds, compared to 88.3 billion pounds in the previous year, an increase of about 16.9%.