866-997-4948(US-Canada Toll Free)

Personal Accident and Health Insurance in Egypt, Key Trends and Opportunities to 2020

Published By :

Timetric

Published Date : Mar 2017

Category :

Health Insurance

No. of Pages : 92 Pages

Synopsis
Timetrics 'Personal Accident and Health Insurance in Egypt Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Egyptian life insurance segment, and a comparison of the Egyptian insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (20112015) and forecast period (20152020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Egyptian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetrics 'Personal Accident and Health Insurance in Egypt Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Egyptian personal accident and health insurance segment, including:

An overview of the Egyptian personal accident and health insurance segment

The Egyptian personal accident and health insurance segments growth prospects by category

A comprehensive overview of the Egyptian economy and demographics

A comparison of the Egyptian personal accident and health insurance segment with its regional counterparts

The various distribution channels in the Egyptian personal accident and health insurance segment

Details of the competitive landscape in the personal accident and health insurance segment in Egypt

Details of regulatory policy applicable to the Egyptian insurance industry

Scope
This report provides a comprehensive analysis of the personal accident and health insurance segment in Egypt:

It provides historical values for the Egyptian personal accident and health insurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.

It offers a detailed analysis of the key categories in the Egyptian personal accident and health insurance segment, and market forecasts to 2020.

It provides a comparison of the Egyptian personal accident and health insurance segment with its regional counterparts

It provides an overview of the various distribution channels for personal accident and health insurance products in Egypt.

It profiles the top personal accident and health insurance companies in Egypt, and outlines the key regulations affecting them.

Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Egyptian personal accident and health insurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Egyptian personal accident and health insurance segment.

Assess the competitive dynamics in the personal accident and health insurance segment.

Identify 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.

Key Highlights
In February 2017, the Egyptian Financial Supervisory Authority (EFSA) announced plans to increase the minimum capital requirement for insurers from EGP60.0 million (US$7.8 million) to EGP200.0 million (US$26.0 million). A final decision is expected over the forecast period (20152020).

In December 2016, Axa in collaboration with Uber Egypt launched a safety program that provides cover with riders for death, permanent disability, and medical expenses resulting from accidents.

In September 2016, the Egyptian government announced plans to introduce new comprehensive health insurance laws.

The Egyptian personal accident and health insurance segment is highly consolidated, with the top five leading companies accounting for 77.7% of the total gross written premium in 2015.

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Segment Outlook
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Claims
4.2.3 Profitability
4.2.4 Assets and investments
5 Outlook by Category
5.1 Personal Accident Insurance
5.1.1 Premium
5.1.2 Claims
5.1.3 Profitability
5.2 Health Insurance
5.2.1 Premium
5.2.2 Claims
5.2.3 Profitability
6 Distribution Channel Outlook
7 Competitive Landscape
7.1 Company Profiles
7.1.1 Misr Insurance Company company overview
7.1.2 Bupa Egypt Insurance Company company overview
7.1.3 Suez Canal Insurance Company company overview
7.1.4 AIG Egypt Insurance Company SAE company overview
7.1.5 Delta Insurance Company company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulation
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Motor third-party liability insurance
8.4.2 Social Insurance System
8.4.3 Aviation third-party liability insurance
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 Egyptian Financial Supervisory Authority
8.5.3 Insurance Federation of Egypt
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and Penalties
8.7 Company Registration and Operations
8.7.1 Type of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margin
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Withholding taxes on premium paid overseas
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution
9 Databook
9.1 Policies and Premium
9.1.1 Claims and expenses
9.1.2 Assets and investments
9.1.3 Personal accident insurance
9.1.4 Health insurance
9.1.5 Health insurance by product
10 Definitions and Methodology
10.1 Definitions
10.2 Methodology
11 About Timetric
11.1 Contact Timetric
11.2 About Timetric
11.3 Timetrics Services
11.4 Disclaimer


List of Tables
Table 1: Egyptian Personal Accident and Health Insurance Key Facts, 2015
Table 2: Egyptian Personal Accident and Health Insurance Segment Shares of the Top Insurers, 2015
Table 3: Egyptian Government Credit Ratings
Table 4: Egyptian Motor Insurance Road Accident Numbers, 20112015
Table 5: Egyptian Personal Accident and Health Insurance Gross Written Premium (EGP Billion and US$ Million), 20112015
Table 6: Egyptian Personal Accident and Health Insurance Penetration (%), 20112015
Table 7: Egyptian Personal Accident and Health Insurance Gross Written Premium (EGP Billion and US$ Million), 20152020
Table 8: Egyptian Personal Accident and Health Insurance Penetration (%), 20152020
Table 9: Egyptian Personal Accident and Health Insurance Premium per Capita (EGP and US$), 20112015
Table 10: Egyptian Personal Accident and Health Insurance Premium per Capita (EGP and US$), 20152020
Table 11: Egyptian Personal Accident and Health Insurance Paid Claims (EGP Million and US$ Million), 20112015
Table 12: Egyptian Personal Accident and Health Insurance Paid Claims (EGP Million and US$ Million), 20152020
Table 13: Egyptian Personal Accident and Health Insurance Profitability Ratio (%), 20112015
Table 14: Egyptian Personal Accident and Health Insurance Profitability Ratio (%), 20152020
Table 15: Egyptian Personal Accident and Health Insurance Total Assets (EGP Billion and US$ Million), 20112015
Table 16: Egyptian Personal Accident and Health Insurance Total Assets (EGP Billion and US$ Million), 20152020
Table 17: Egyptian Personal Accident and Health Insurance Total Investment Income (EGP Million and US$ Million), 20112015
Table 18: Egyptian Personal Accident and Health Insurance Total Investment Income (EGP Million and US$ Million), 20152020
Table 19: Egyptian Personal Accident and Health Insurance Investment Portfolio (EGP Million), 20112015
Table 20: Egyptian Personal Accident and Health Insurance Investment Portfolio (EGP Million), 20152020
Table 21: Egyptian Personal Accident and Health Insurance Direct Written Premium by Category (EGP Million),20112015
Table 22: Egyptian Personal Accident and Health Insurance Direct Written Premium by Category (EGP Million), 20152020
Table 23: Egyptian Personal Accident Insurance Direct Written Premium (EGP Million and US$ Million), 20112015
Table 24: Egyptian Personal Accident Insurance Direct Written Premium (EGP Million and US$ Million), 20152020
Table 25: Egyptian Personal Accident Insurance Paid Claims (EGP Million and US$ Million), 20112015
Table 26: Egyptian Personal Accident Insurance Paid Claims (EGP Million and US$ Million), 20152020
Table 27: Egyptian Personal Accident Insurance Loss Ratio (%), 20112015
Table 28: Egyptian Personal Accident Insurance Loss Ratio (%), 20152020
Table 29: Egyptian Health Insurance Direct Written Premium by Sub-Category (EGP Million and US$ Million), 20112015
Table 30: Egyptian Health Insurance Direct Written Premium by Sub-Category (EGP Million and US$ Million), 20152020
Table 31: Egyptian Health Insurance Paid Claims (EGP Million and US$ Million), 20112015
Table 32: Egyptian Health Insurance Paid Claims (EGP Million and US$ Million), 20152020
Table 33: Egyptian Health Insurance Loss Ratio (%), 20112015
Table 34: Egyptian Health Insurance Loss Ratio (%), 20152020
Table 35: Egyptian Personal Accident and Health Insurance Industry Market Shares of Leading Insurers (%), 2015
Table 36: Misr Insurance Company Key Facts
Table 37: Misr Insurance Company Key Financials (EGP Million), 20112015
Table 38: Bupa Egypt Insurance Company Key Facts
Table 39: Bupa Egypt Insurance Company Key Financials (EGP Million), 20112015
Table 40: Suez Canal Insurance Company Key Facts
Table 41: Suez Canal Insurance Company Key Financials (EGP Million), 20112015
Table 42: AIG Egypt Insurance Company SAE Key Facts
Table 43: AIG Egypt Insurance Company SAE Key Financials (EGP Million), 20112015
Table 44: Delta Insurance Company Key Facts
Table 45: Delta Insurance Company Key Financials (EGP Million), 20112015
Table 46: Egypt Insurance Regulatory Framework Key Features
Table 47: Egypt Life Insurance Regulatory Framework
Table 48: Egypt Property Insurance Regulatory Framework
Table 49: Egypt Motor Insurance Regulatory Framework
Table 50: Egypt Liability Insurance Regulatory Framework
Table 51: Egypt Corporate Tax Rates for the Financial Year 2017
Table 52: Egyptian Personal Accident and Health Insurance Industry Policies and Premium, 20112015
Table 53: Egyptian Personal Accident and Health Insurance Industry Policies and Premium, 20152020
Table 54: Egyptian Personal Accident and Health Insurance Claims and Expenses, 20112015
Table 55: Egyptian Personal Accident and Health Insurance Claims and Expenses, 20152020
Table 56: Egyptian Personal Accident and Health Insurance Assets and Investments, 20112015
Table 57: Egyptian Personal Accident and Health Insurance Assets and Investments, 20152020
Table 58: Egyptian Personal Accident and Health Insurance Personal Accident Insurance, 20112015
Table 59: Egyptian Personal Accident and Health Insurance Personal Accident Insurance, 20152020
Table 60: Egyptian Personal Accident and Health Insurance Health Insurance, 20112015
Table 61: Egyptian Personal Accident and Health Insurance Health Insurance, 20152020
Table 62: Egyptian Personal Accident and Health Insurance Health by Product, 20112015
Table 63: Egyptian Personal Accident and Health Insurance Health by Product, 20152020
Table 64: Insurance Industry Definitions


List of Figures
Figure 1: Egyptian Real GDP (US$ Billion), 20112020
Figure 2: Egyptian Consumer Price Inflation (%), 20112020
Figure 3: EGP-US$ Exchange Rate , 20112020
Figure 4: Egyptian Current Account Balance as Percentage of GDP (%), 20112015
Figure 5: Egyptian Unemployment Rate (%), 20112020
Figure 6: Egyptian Population by Age Group, 19962025
Figure 7: Egyptian Personal Accident and Health Insurance Penetration Regional Comparison (%), 2015
Figure 8: Egyptian Insurance Segment Direct Written Premium Shares Regional Comparison (%), 2015
Figure 9: Egyptian Personal Accident and Health Insurance Gross Written Premium (EGP Billion), 20112020
Figure 10: Egyptian Personal Accident and Health Insurance Penetration (%), 20112020
Figure 11: Egyptian Personal Accident and Health Insurance Premium per Capita (EGP), 20112020
Figure 12: Egyptian Personal Accident and Health Insurance Paid Claims (EGP Million), 20112020
Figure 13: Egyptian Personal Accident and Health Insurance Profitability Ratio (%), 20112020
Figure 14: Egyptian Personal Accident and Health Insurance Total Assets (EGP Billion), 20112020
Figure 15: Egyptian Personal Accident and Health Insurance Total Investment Income (EGP Million), 20112020
Figure 16: Egyptian Personal Accident and Health Insurance Investment Portfolio (EGP Billion), 20112020
Figure 17: Egyptian Personal Accident and Health Insurance Investment Portfolio Dynamics by Category, 20112020
Figure 18: Egyptian Personal Accident and Health Insurance Direct Written Premium by Category (EGP Billion), 20112020
Figure 19: Egyptian Personal Accident and Health Insurance Direct Written Premium Dynamics by Category, 20112020
Figure 20: Egyptian Personal Accident Insurance Direct Written Premium (EGP Billion), 20112020
Figure 21: Egyptian Personal Accident Insurance Paid Claims (EGP Million), 20112020
Figure 22: Egyptian Personal Accident Insurance Earned Premium, Incurred Loss and Loss Ratio (EGP Million and %), 20112020
Figure 23: Egyptian Health Insurance Direct Written Premium by Sub-Category (EGP Billion), 20112020
Figure 24: Egyptian Health Insurance Paid Claims (EGP Million), 20112020
Figure 25: Egyptian Health Insurance Earned Premium, Incurred Loss and Loss Ratio (EGP Million and %), 20112020
Figure 26: Egyptian Personal Accident and Health Insurance Industry Market Shares of Leading Insurers (%), 2015
Figure 27: Egypt Insurance Supervision and Control at Various Levels
Figure 28: Egypt Insurance Regulatory Frameworks for Company Registration and Operation

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title *
  • Company *
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *