Important News
Important News
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04 May 2026EFG Hermes Selected to Manage Offering of Up to 20% Stake in Misr Life Insurance
In line with the Ministry of Investment and Foreign Trade’s vision, and as part of the Egyptian government’s strategy to enhance private sector participation and broaden ownership of state-owned companies through the Egyptian Exchange—under the State Ownership Policy Document—EFG Hermes has been...
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30 Apr 2026Misr Insurance Reinforces Market Leadership in 2025, Achieves EGP 8.2 Billion in Profits, EGP 30 Billion in Gross Written Premiums, and Pays EGP 10.8 Billion in Claims
Misr Insurance held its Ordinary General Assembly meeting under the chairmanship of Dr. Nevine Gamea, in the presence of Ms. Bahia Ismail, Managing Director and CEO of Misr Holding Insurance Company; Mr. Mohamed Mehran, Managing Director and CEO of Misr Insurance; members of the Board of Director...
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28 Apr 2026The 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....
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20 Apr 2026Ahmed 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.
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20 Apr 2026Dr. Mohamed Farid, Minister of Investment and Foreign Trade, reviewed the key pillars of Egypt’s economic reform agenda and the latest developments in the state’s IPO program during a high-level meeting with Jefferies Group in Washington, D.C.
Dr. Mohamed Farid, Minister of Investment and Foreign Trade, reviewed the key pillars of Egypt’s economic reform agenda and the latest developments in the state’s IPO program during a high-level meeting with Jefferies Group in Washington, D.C.● The meeting was attended by leading asset man...
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08 Apr 2026Misr Takaful Insurance – Life continues to strengthen its position in the Egyptian insurance market by increasing its issued and paid-up capital to EGP 400 million
Misr Takaful Insurance – Life continues to strengthen its position in the Egyptian insurance market by increasing its issued and paid-up capital to EGP 400 million, in line with its commitment to the Financial Regulatory Authority’s (FRA) decisio...
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17 Mar 2026Misr Insurance Company is considering launching new products in the motor and medical insurance segments
Mohamed Mahran, Board Member and CEO of Misr Insurance Company—a subsidiary of The Sovereign Fund of Egypt—revealed the company’s plans to launch new products in both the motor and medical insurance segments.Speaking during the company’s annual suhoor event, attended by senior management a...
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10 Mar 2026Mohamed El-Sayyad, Vice Chairman of the Financial Regulatory Authority (FRA), has issued Decision No. 574 of 2026 amending Article (7) of the Articles of Association of Misr Life Insurance
Mohamed El-Sayyad, Vice Chairman of the Financial Regulatory Authority (FRA), has issued Decision No. 574 of 2026 amending Article (7) of the Articles of Association of Misr Life Insurance to align the company’s shareholder structure with legal requirements. The structure now includes three share...
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04 Mar 2026The Sovereign Fund of Egypt Invites Investment Banks to Submit Technical and Financial Proposals to Manage the Offering of a 20% Stake in Misr Life Insurance Company
Ministry of Investment and Foreign Trade: The Sovereign Fund of Egypt Invites Investment Banks to Submit Technical and Financial Proposals to Manage the Offering of a 20% Stake in Misr Life Insurance CompanyProceeding with the listing and offering aligns with the government’s vision t...
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03 Mar 2026Annual Iftar Ceremony of Misr Insurance Holding Company
Annual Iftar Ceremony of Misr Insurance Holding CompanyMisr Insurance Holding Company organized its Annual Iftar under the patronage and in the presence of Ms. Bahia Ismail, Managing Director & CEO of the company.The event was honored by the atten...
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16 Feb 2026Egypt Life Insurance Company receives two awards at the International Finance Awards 2025
• We’re proud to announce that Misr Life Insurance has won two prestigious awards at the International Finance Awards 2025, reinforcing our leadership in innovation and strategic partnerships in Egypt’s life insurance market.• 🏆 Most Innovative Online Life Insurance Produ...
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12 Feb 2026Misr Life Insurance Company has decided to increase its authorized capital, as well as its issued and fully paid-up capital, in accordance with the provisions of its Articles of Association following their amendment and approval by the Financial Regulatory Authority (FRA)
Misr Life Insurance Company has decided to increase its authorized capital, as well as its issued and fully paid-up capital, in accordance with the provisions of its Articles of Association following their amendment and approval by the Financial Regulatory Authority (FRA).The FRA, chaired...
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29 Nov 2025In further confirmation of its financial strength and excellence, Fitch Ratings has announced the affirmation of Misr Insurance Company’s rating at the highest level in the Egyptian market, “AAA (egy)”, with a Stable Outlook.
In further confirmation of its financial strength and excellence, Fitch Ratings has announced the affirmation of Misr Insurance Company’s rating at the highest level in the Egyptian market, “AAA (egy)”, with a Stable Outlook.This achieveme...
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29 Nov 2025AM Best has affirmed the Financial Strength Rating of Misr Life Insurance Company at B++ (Good)
AM Best has affirmed the Financial Strength Rating of Misr Life Insurance Company at B++ (Good), as well as its Long-Term Issuer Credit Rating at “bbb” (Good)”, for the tenth consecutive year.The agency also affirmed the Company’s National...
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23 Jan 2025Bahia Ismail Appointed as Executive Managing Director of Misr Insurance Holding Company, Succeeding Mahran
The Board of Directors of Misr Insurance Holding Company has approved the appointment of Bahia Ismail as the Executive Managing Director of the company, representing the Sovereign Fund of Egypt for Investment and Development, succeeding Mohamed Mahran, the former Managing Director who res...
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24 Sep 2023The Minister of Planning meets with the leaders of Misr Insurance Holding: Applying the highest standards of governance and ensuring workers’ rights.
Dr. Hala Elsaid, Minister of Planning and Economic Development, and Chairman of the Board of Directors of the Sovereign Fund of Egypt, met with the leadership of the Misr Insurance Holding Company and its subsidiaries on Wednesday. At the beginning of the meeting, Dr. Hala Elsa...
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02 Jun 2023Misr Life Insurance wins the best insurance company in Africa for the year 2023
Misr Life Insurance Company won the Best Insurance Company in the African Continent for the year 2023 (African Insurance Award) under the auspices of the African Insurance Organization (AIO). This win was announced during a celebration organized by AIO in cooperation with African Re f...
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30 May 2023The CEO of Misr Insurance Company wins the Best in Africa award
Omar Gouda, Managing Director and CEO of Misr Insurance Company, won the Best CEO Award in Africa for the year 2023, which was awarded by the African Insurance Awards Committee under the auspices of the African Reinsurance Company, during the awards ceremony yesterday in Algiers. Thes...
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09 May 2023CEO of “Misr Insurance Holding Company”: 22% expected growth in life activity in the market during the year
Mohamed Mahran, CEO and Managing Director of Misr Insurance Holding Company, said that the Egyptian insurance market witnessed a growth in the volume of its premiums at a rate of 17% during the last fiscal year 2021/2022, with its premiums recording the equivalent of about 3 billion dollars.
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15 Mar 2023A presidential decree to transfer ownership of the “Insurance Holding Company” to the Sovereign Fund of Egypt
Egyptian President Abdel Fattah El-Sisi issued a presidential decree, published in the Official Gazette, transferring ownership of all shares of the Misr Insurance Holding Company to the Sovereign Fund of Egypt.The decision, which was signed on March 10, allows the start of offering shares...