Press Release - Misr Insurance Holding Company Holds Its Ordinary and Extraordinary General Assembly Meetings
Misr Insurance Holding Company (MIHC) convened its Ordinary General Assembly on Wednesday, 24 June 2026, in the presence of H.E. Dr. Mohamed Farid, Minister of Investment and Foreign Trade and Non-Executive Chairman of The Sovereign Fund of Egypt; Mr. Saeed Arafa, Assistant Minister of Investment and Foreign Trade for Investment Contracts Affairs; Mr. Amr El Kady, Chairman of Misr Insurance Holding Company; Ms. Bahia Ismail, Executive Managing Director and Chief Executive Officer of Misr Insurance Holding Company; representatives of The Sovereign Fund of Egypt, members of the General Assembly, members of the Board of Directors of Misr Insurance Holding Company, representatives of the Central Auditing Organization, and the Company’s external auditor.
During the meeting, the General Assembly reviewed the Company’s financial and operational performance for the fiscal year 2025. Despite the challenging global economic environment, which has also affected Egypt, the Group delivered strong financial results, reflecting the resilience of its business model and the strength of its diversified portfolio.
The Group’s key financial highlights for 2025 included:
* Gross Written Premiums (GWP) generated by the insurance subsidiaries reached EGP 40.4 billion, compared to EGP 36.1 billion in 2024, representing 12% year-on-year growth.
* Total consolidated assets increased to EGP 247 billion, compared to EGP 218 billion in 2024, reflecting 13% growth.
* Total consolidated investments reached EGP 218 billion, compared to EGP 198 billion in the previous year, representing 10% growth.
* Consolidated net profit and retained earnings amounted to EGP 37 billion, compared to EGP 28 billion in 2024, achieving an impressive 32% increase.
* Standalone net profit of Misr Insurance Holding Company reached EGP 6.4 billion for the fiscal year 2025.
The General Assembly also noted that both Misr Insurance and Misr Life Insurance successfully maintained their international credit ratings issued by AM Best, retaining a Financial Strength Rating (FSR) of B++ and a Long-Term Issuer Credit Rating (ICR) of “bbb”. These ratings reaffirm the companies’ strong financial positions and their ability to meet policyholder obligations, supported by the strategic importance and financial strength of Misr Insurance Holding Company.
Following the Ordinary General Assembly, the Extraordinary General Assembly convened and approved the offering of 20% of the share capital of Misr Life Insurance Company through a listing on the Egyptian Exchange (EGX).