28 Apr 2026

The Ordinary General Assembly of Misr Takaful Insurance Company – Property & Liability convened at the company’s headquarters on Monday, April 27, 2026

The Ordinary General Assembly of Misr Takaful Insurance Company – Property & Liability convened at the company’s headquarters on Monday, April 27, 2026, to discuss and approve the company’s business results for the financial year ending December 31, 2025.

The meeting was attended by Ms. Bahia Ismail, Managing Director of Misr Holding Insurance Company, along with shareholders, members of the Board of Directors, representatives of regulatory authorities, and His Eminence Prof. Dr. Ali Gomaa, Chairman of the Sharia Supervisory Committee.

During the meeting, the General Assembly approved the company’s financial statements for the fiscal year ending December 31, 2025. It also reviewed and approved the Board of Directors’ report on the company’s activities, as well as the auditors’ report.

The Assembly further approved the discharge of the Board members from liability for the period under review and endorsed the profit distribution in line with management recommendations. The proposed profit distribution plan submitted by the executive management was also approved, including the issuance of bonus shares from retained earnings amounting to EGP 100 million, contributing to an increase in paid-up capital to reach EGP 550 million.

In this context, the company’s financial indicators for the fiscal year ending December 31, 2025 reflected strong performance, as follows:

  • Net Profit:
    The company recorded a net profit of approximately EGP 148 million as of December 31, 2025, compared to EGP 121 million in the previous year, representing a growth rate of 22%.
  • Insurance Activity Surplus:
    The insurance activity surplus reached approximately EGP 162.28 million as of December 31, 2025, compared to EGP 138.78 million during the comparative period, reflecting a growth rate of 16.94%.
  • Gross Written Premiums (Direct):
    Direct premiums amounted to approximately EGP 1.018 billion as of December 31, 2025, compared to EGP 690 million in the previous year, marking a growth rate of 47.4%.
  • Technical Provisions:
    Technical provisions reached approximately EGP 529 million as of December 31, 2025. The actuarial expert’s report confirmed their adequacy to cover the company’s obligations towards policyholders across all insurance lines.
  • Claims Paid:
    Claims paid amounted to approximately EGP 345 million as of December 31, 2025, compared to EGP 288 million during the comparative period of the previous year.
  • Investments:
    Total investments reached approximately EGP 1.576 billion as of December 31, 2025, compared to EGP 1.074 billion, representing a growth rate of 47%.
  • Total Assets:
    Total assets amounted to approximately EGP 1.67 billion as of December 31, 2025, compared to EGP 1.205 billion during the comparative period, reflecting a growth rate of 39%.
  • Total Shareholders’ Equity:
    Total shareholders’ equity reached approximately EGP 651 million as of December 31, 2025, compared to EGP 411 million during the comparative period, marking a growth rate of 58.4%.

This strong performance reflects the continued success of the company’s strategy in achieving balanced growth rates and strengthening its financial position, thereby enhancing its ability to meet its obligations and create added value for shareholders and policyholders.