Misr Insurance Company was established in 1934 as part of Banque Misr projects, becoming a leading company in the insurance field. In 2006, ownership was transferred to Misr Insurance Holding Company, which in 2007 merged Al Sharq Insurance Company and Misr Reinsurance Company into it. In line with the reform strategy and legal requirements to separate life and property insurance activities, the company specialized in providing property insurance coverage only starting from July 1, 2010. This followed the transfer of the property insurance portfolio from Misr Life Insurance to it and the transfer of life insurance portfolio from Misr Insurance to Misr Life Insurance.

On November 20, 2019, the Extraordinary General Assembly of Misr Insurance Company approved increasing the authorized and paid-up capital from 4 billion EGP to 5 billion EGP. On January 3, 2022, the Extraordinary General Assembly approved another increase in the authorized and paid-up capital from 5 billion EGP to 6 billion EGP.

This new entity has become a leading player in the Middle East and North Africa (MENA) region in terms of assets and underwritten premiums. It has all the capabilities to deal with the challenges and difficulties facing such companies, in addition to the ability to compete. At the same time, the company maintains a distinguished reinsurance sector with long-term established relationships with insurance companies worldwide.

Today, the company operates through eight main regions and provides its services through 120 branches spread across Egypt. Misr Insurance Company also has branches in Qatar, Kuwait, and Dubai as part of its long-term strategy to expand in the Middle East and North Africa region. The company employs approximately 2499 administrative staff in addition to around 490 sales force members.