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Pages: 3
Category: Business and Industry
Date Submitted: 11/26/2014 03:18 AM
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...