Ahmed Morsy: Misr Takaful Insurance surpasses EGP 1 billion in net written premiums in 2025, with 48% growth and capital increase to EGP 450 million
Ahmed Morsy, Managing Director and CEO of Misr Takaful Insurance, announced that the company exceeded EGP 1 billion in net written premiums by the end of 2025, achieving approximately 48% growth year-on-year, reflecting strong financial performance and effective strategic execution.
He noted that this growth was achieved while maintaining a balanced insurance portfolio, with motor insurance contributing 38% of total premiums and medical insurance accounting for only 8%, highlighting diversified income streams and limited exposure to high-risk segments.
Morsy also stated that the company raised its capital to EGP 450 million in 2025 in alignment with Financial Regulatory Authority requirements, reinforcing its financial strength and supporting its expansion and underwriting capabilities for larger risks.
He emphasized that these results stem from disciplined underwriting practices, strong team performance, continuous product development in Takaful insurance, and ongoing digital transformation efforts aimed at enhancing customer service quality. The company plans to sustain this growth trajectory while maintaining profitability and portfolio quality.
Additionally, the company is preparing to hold its Ordinary General Assembly to approve the renewal of the Board of Directors for another three-year term and to ratify the capital increase. An Extraordinary General Assembly will also be convened to amend certain provisions of the Articles of Association in line with corporate governance standards.
