Misr Insurance Crowned “Best Insurance Company in Africa 2026” During the African Insurance Organization (AIO) Conference
In a new milestone that further strengthens its distinguished record of achievements, Misr Insurance has been honored with the “Best Insurance Company in Africa 2026” award, presented by Africa Re, during the annual awards ceremony held on the sidelines of the 52nd African Insurance Organization (AIO) Conference. The conference is widely recognized as one of the largest and most prestigious insurance gatherings on the continent, bringing together leading insurance and reinsurance executives, industry experts, and key stakeholders from across Africa.
Receiving the award on behalf of the company, Mr. Nazmy Hussein, Assistant Managing Executive Director, stated that this prestigious recognition reaffirms Misr Insurance’s position as one of the largest, oldest, and most respected insurance companies in Africa. He noted that the award reflects the company’s strong financial performance, innovative risk management approach, and unwavering commitment to meeting the evolving needs of its customers.
He further emphasized that the achievement reflects the significant regional and international confidence that Misr Insurance enjoys, underscoring the success of its strategy focused on driving innovation, enhancing service quality, and supporting financial inclusion, while contributing to the sustainable growth of the insurance industry in Egypt and across the African continent.
Mr. Mohamed Mahran, Managing Director, Board Member, and Chief Executive Officer of Misr Insurance, expressed his pride and appreciation for this prestigious recognition, describing it as a significant milestone in the company’s long-standing journey of excellence and a testament to the trust it has earned through decades of dedication, professionalism, and outstanding performance.
Mr. Mahran stated: “This award represents an international vote of confidence that we deeply value. It is the culmination of the efforts of the entire Misr Insurance family and reflects more than 92 years of leadership, excellence, and commitment to serving our clients and partners. It also validates the success of our strategy in achieving sustainable growth, enhancing operational efficiency, and delivering long-term value to all stakeholders.”
He added that the recognition serves as a powerful motivation for the company to continue strengthening its market position and reinforcing its status as one of Africa’s leading insurance institutions.
Mr. Mahran further noted that this achievement is not only a success for Misr Insurance and its employees but also a reflection of the strength and resilience of Egypt’s insurance sector and its ability to compete and excel at both regional and international levels.
He stressed that the company remains committed to implementing its ambitious plans to enhance competitiveness, accelerate digital transformation, and continuously develop its products and services in line with international best practices. These efforts support economic development, promote insurance inclusion, and contribute to the long-term sustainability of the insurance sector.
This prestigious award highlights the distinguished position that Misr Insurance holds not only as the market leader in Egypt’s insurance industry but also as one of the most successful and inspiring companies in the African insurance market. It stands as further evidence of the strength, expertise, and strategic capabilities of Egyptian institutions, while reinforcing their growing regional presence and influence.