Recent Research on Life Insurance in Egypt, Key Trends and Opportunities to 2018 Share

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Date Submitted: 11/26/2014 03:18 AM

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Most up-to-date research on "Life Insurance in Egypt, Key Trends and Opportunities to 2018" to its huge collection of research reports.

Synopsis

The report provides in-depth market analysis, information and insights into the Egyptian life insurance segment, including:

The Egyptian life insurance segment’s growth prospects by life insurance category

Key trends and drivers for the life insurance segment

The various distribution channels in the Egyptian life insurance segment

The detailed competitive landscape in the life insurance segment in Egypt

Detailed regulatory policies of the Egyptian insurance industry

Analysis of various consumer segments in Egyptian life insurance

Key developments in the Egyptian life insurance segment

New products launched by Egyptian life insurers

Browse Detail Report With TOC @ http://www.researchmoz.us/life-insurance-in-egypt-key-trends-and-opportunities-to-2018-report.html

Executive summary

The political upheaval of 2011 is still affecting Egypt, and the country is moving through a transitional phase with low level of foreign direct investment (FDI), a high budget deficit, rising poverty rates and high unemployment. The difficult political situation had a negative effect on Egyptian life insurers in 2013. The Egyptian life insurance segment accounted for 41.2% of the industry’s gross written premium in 2013. The segment grew at a review-period CAGR of 14.4% in 2013. Individual life accounted for the highest share among all categories in the segment with 32.4% in 2013, followed by group whole life with 19.5%. The extraordinarily low life insurance penetration of 0.30% not only presents numerous growth opportunities for existing insurers, but also encourages other multinationals to enter the segment. The government is creating a favorable environment for the industry, and the reintroduction of bancassurance and allowance of professionally managed mutual funds should benefit the...