African Insurance Awards 2023

Category

Insurance Company of the Year

Nominee

Misr Life Insurance Company, Egypt
Egypt

Reason for nomination

Misr Life Misr Life Insurance Company,

- It is 122 yrs and still going strong

- Highest total premium growth of 84% over the period from 2019

- Highest solvency ratio of 223 % in 2019 and 112% in 2022

- Growth of value of new issued policies at 295%

- The top market player in the Life business

- Fast growth in the last four years with excellent Return on Equity

- Strong solvency

- Significant progress on automation and improvements in Customer Services.