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Market Structure

 

  Background: The Egyptian Insurance Supervisory Authority (EISA)

The Egyptian Insurance Supervisory Authority (EISA) is a public authority set up as an independent body subordinate to the Ministry of Investment with its headquarters in Cairo. The Authority has the Competence to supervise and control the insurance activity in Egypt, whether at establishment, during transaction, or at termination.

  What they do

The Authority in particular aims at the implementation of the following objectives

  • To protect the rights of insurance policyholders, the beneficiaries and third parties.

  • To secure the soundness of the financial positions of the Insurance market units, coordinating among them and preventing any conflict between them.

  • To participate in developing insurance awareness in the country.

  • To support the insurance market and develop it.

  • To strengthen the ties of co-operation and integration with the other control and supervisory authorities at the Arab, African, and world level.

  • to promote the insurance professions and to contribute effectively to the availability of the expertise.

  • The Supervision and control of individuals and bodies corporate working in the Egyptian insurance market.

  • The Supervision and control of the Private Insurance Funds.

  • Studying the legislation related to the insurance activity and expressing its view in any proposed decision or pursuit of the relevant draft laws to this activity.

  • Representing the State at the international insurance and reinsurance bodies and companies in which the government decides to participate.

  • Supporting the insurance studies and participating in their finance to serve the insurance market.

  • Preparing and publishing the statistical data, reports and studies pertaining to the activities of the Egyptian insurance market and its units.

  Egyptian Insurance is Market Structure

The Egyptian Insurance Market composed of:

  • The Supreme Council of Insurance.

  • The Egyptian Insurance Supervisory Authority (EISA)

  • The Entities which transact insurance and reinsurance activities:

  Public Sector Companies transacting all classes of insurance
  Misr Insurance Company
  Al Chark Insurance Company
  National Insurance Company

  Private Sector Companies transacting all classes of insurance
  Suez Canal Insurance Company
  Mohandes Insurance Company
  Delta Insurance Company

  Private Sector Companies transacting property & liability insurance
  AIG Egypt Insurance Company
  Arab Misr Insurance Group (AMIG)
  Allianze Insurance Company - Egypt
  ACE CIIC Insurance Company
  Royal & Sun Alliance Insurance Company
  Egyptian Saudi Insurance Home
  BUPA Egypt Insurance Company

  Private Sector Companies transacting life insurance
  Pharaonic American Life Insurance Company (ALICO)
  Commercial International Life Insurance Company (CIL)
  Allianz Life Assurance Company - Egypt
  NSGB Life Insurance Company

  Export Credit Guarantee Company
  Export Credit Guarantee Company of Egypt (ECGE)

  Co-operative Insurance Societies
  Co-operative Insurance Society, Egypt

  Reinsurance companies
  Egyptian Reinsurance Company

- 617 Private Insurance Funds.
- The Government Insurance Fund carrying on fidelity insurance for the stock keepers.
- The Egyptian Insurance Federation.
- Insurance Pools.
- Cargo Supervision & Surveying Office of Egypt.
- Insurance Studies Institute.

 

The Egyptian Insurance Market Directory

The Egyptian Insurance Supervisory Authority

Chairman

Dr. Mohamed Youssef

Address

28,Talaat Harb St. Cairo, Egypt.

Tel

(202) 5758807 5758423 5758822 5762994

Fax

(202) 5758645 5758581

E-mail

eisa1@star net.com . egeisa@soficom.com .eg

Web Site

www.eisa.com .eg

 

Insurance & Reinsurance Companies: -

Misr Insurance Company

Chairman

Dr. Meawad Hassan Hassanain

Deputy Chairman

Mr. Ahmed Abdel Wahab Arfin

Address

44a Dokki St., Giza, Egypt.

Tel

(202) 3355350

Fax

(202) 7609096 (202) 3370428

E-mail

misr-ins@misrins.com

Web Site

www.misrins.com

 

 

Al-Chark Insurance Company

Chairman

Mr. Hammam Badr

Address

15 Kasr El Nil St., Cairo, Egypt.

Tel

(202) 5753104 (202) 5778348 (202) 5753333 (202) 5753265

Fax

(202) 5756974 (202) 5753316

E-mail

ins_chark@frcu.eun.eg

Web Site

www.alchark.com

 

 

National Insurance Company

Chairman

Mr. Mohamad Abul-Yazid Abdullah

Deputy Chairman

Mr.Ahmed El-said Moustafa Moharam

Address

33 El Naby Daniel St., Alexandria, Egypt.

Tel

(202) 3918751 (202) 3918644 (202) 3914433 (202) 3906813 (203) 4920712 (203) 4913880

Fax

(202) 3903982 (202) 3909133 (202) 3907397 (203) 4936395

E-mail

nice@soficom.com.eg

Web Site

www.ahlya.com

 

 

Egyptian Reinsurance Company

Chairman

Mr. Mohamed Gamal El-Din Hamza

Address

7 Abdel Lati f Boultia St. , Garden City, Cairo, Egypt.

Tel

(202) 7941603 (202) 7954362 (202) 7943354

Fax

(202) 7957041 (202) 7954360 (202) 7957483

E-mail

egyptre@egyptre.com

Web Site

www.egyptre.com .eg

 

 

Suez Canal Insurance Company

Chairman

Mr. Bahaa El-Din Hassan Ezzat

Deputy Chairman

Mr. Mohamad Mahmoud Abdullah

Address

31 Mohamed Kam el Morsy St., El Mohandeseen, Giza, Egypt.

Tel

(202) 7606868 (202) 7605650 (202) 7605656 (202) 7601051

Fax

(202) 3350981 (202) 3354070

E-mail

sci.eng@internetegypt.com, sciit@geganet.com

Web Site

www.sci-egypt.com

 

 

Mohandes Insurance Company

Chairman

Mr. Samir Moustafa Metwally

Address

3 Mesaha sq., Dokki, Giza, Egypt .

Tel

(202) 3352547 (202) 3352163

Fax

(202) 3361365 (202) 3352697

E-mail

mohandes@mstl.mst.com.eg

 

 

Delta Insurance Company

Chairman

Mr. El-Said El-Said El-Gohary

Deputy Chairman

Mr. Moatazz Adel El-Alfy

Managing Director

Ibrahim Abdel Shahid Abdel Maasoud

Address

14 Moha m ad Hasan El-Razaz St., E l-Agouza, Giza, Egypt.

Tel

(202) 3352045

Fax

(202) 3358990

E-mail

chairman@deltains.org

Web Site

www.deltains.org

 

 

AIG Egypt Insurance Company

Chairman

Mr. Charles Henry Polo

Deputy Chairman

Mr. Mujib Khan

Address

44 Abdel Mone m Riad St., El Mohandeseen, Giza, Egypt

Tel

(202) 3029830 / 36

Fax

(202) 3029833

E-mail

ask.aigegypt@aig.com

Web Site

www.aig.com

 

 

Arab Misr Insurance Group (AMIG)

Chairman

Mr. Nour El-Din Abdullah Nour El-Din

Deputy Chairman

Mrs. Amera Sherin Mohamed

Address

13 Ma ' ahad Ishteraky St., Merr y land, Heliopolis, Cairo, Egypt.

Tel

(202) 4517624 (202) 4517622 (202) 4517620

Fax

(202) 4517597 (202) 4517595

E-mail

Amig@amig.com.eg

Web Site

www.amig.com.eg

 

 

Pharaonic American Life Insurance Company (Alico)

Chairman

Mr. Mohamed Magdy Zaid

Deputy Chairman

Mr. Elias Fakhoury

Managing Director

Mr. Mohamad Os m an Sharabaty

Address

Cornaish El Nil, Nile City Building, 28 th floor, Cairo, Egypt.

Tel

(202) 4619020

Fax

(202) 4619022

E-mail

mariam.farouk@alico-egypt.com

Web Site

www.alico-egypt.com

 

 

Commercial International Life Insurance Company (CIL)

Chairman

Mr. Alaa Ahmed Samaha

Managing Director

Mr. Arthur Alexander de Han

Address

14 Ramo Gardens, El-Nasr Road, Nasr City, Cairo, Egypt.

Tel

(202) 4173979 (202) 4169500

Fax

(202) 4185360

E-mail

customer@cileg.com, info@cileg.com

Web Site

www.cileg.com

 

 

Allianz Insurance Company - Egypt

Chairman

Mr. Jon Metcalf

Deputy Chairman

Mr.Alaa El-Din Moustafa Ka m el

Address

92 Tahrir S t . Saridar Tower, Dokki, Giza, Egypt.

Tel

(202) 7605445

Fax

(202) 7605446

E-mail

aiic@aiic.com.eg

Web Site

www.allianz.com.eg

 

 

ACE CII C Insurance Company (Non Life)

Chairman

Mr. Yaser Hesham El Malawani

Managing Director

Mr. Jean Claud Noujaim

Address

3 Abul Feda St., Zamalek, Cairo, Egypt.

Tel

(202) 7360006

Fax

(202) 7360003 (202) 7360002

E-mail

ace.egypt@ace-ina.com

Web Site

www.ace-ina.com

 

 

Allian z Life Assurance Company - Egypt

Chairman

Mr. John Metcalf

Managing Director

Mr. John Metcalf

Address

92 Tahrir S t . Saridar Tower, Dokki, Giza, Egypt.

Tel

(202) 7605445

Fax

(202) 7605446

E-mail

aiic@aiic.com.eg

Web Site

www.allianz.com.eg

 

 

Royal & Sun Alliance Insurance Company

Chairman

Mr. Mohamad Lotfi Mansour

Deputy Chairman

Mr. Hassan Moha m ed Hassan Darwish

Managing Director

Mr. Andrew Michael Woodward

Address

22 Al-Thawra St., Dokki, Giza, Egypt.

Tel

(202) 7610467

Fax

(202) 7609685

E-mail

ahmed.hosny@notes.royalsun.com

Web Site

www.royalsun-me.com

 

 

Egyptian Saudi Insurance Home

Chairman

Mr.Saleh Gamil Malaeka

Deputy Chairman

Mr. Abdel Raaouf Ahmed Kotb

Managing Director

Mr.Samir Mosad Fayed

Address

15 Mesadak St., Dokki, Giza, Egypt.

Tel

(202) 3377997

Fax

(202) 3355303 (202) 7495916

E-mail

esih@internetegypt.com

 

 

ACE Life Insurance Egypt

Chairman

Mr. George Oommen

Managing Director

Mr. George Oommen

Address

3 Abul Feda St. , Za m alek, Cairo , Egypt

Tel

(202) 7396702 (202) 7396700

Fax

(202) 7396707

E-mail

acelife.egypt@ace-ina.com

Web Site

www.ace-ina.com

 

 

NSGB Life Insurance Company

Chairman

Mr. Jean Marie Stain

Managing Director

Mr.Damien Marshal

Address

10 Talaat Harb St., Cairo, Egypt.

Tel

(202) 5771567 (202) 5749617

Fax

(202) 5757806

Web Site

www.alrafiq.com

 

 

BUPA Egypt Insurance Company

Chairman

Mr. William Stevenword

Managing Director

Mr. William Stevenword

Address

48 Al-Thawra St. , Dokki, Giza , Egypt .

Tel

(202) 5791803 (202) 5791802 (202) 5791801

Fax

(202) 5791808

Web Site

www.bupa-intl.com

 

 

Export Credit Guarantee Company of Egypt (ECGE)

Chairman

Mr. Mahmoud Mohamad Mahmoud

Address

10 Talaat Harb St., Cairo, Egypt.

Tel

(202) 5749306 (202) 5748321 (202) 5748320

Fax

(202) 5749047

E-mail

ecge@internetegypt.com

Web Site

www.ecgegypt.com

 

 

Co-operative Insurance Societies:

Co-operative Insurance Society for Small Enterprises

Chairman

Dr.Nabil Ahmed Helmy

Managing Director

Mr.Milad Kamel Werson

Address

El-Tattbikeyeen Tower, Abbaseya, Cairo, Egypt.

Tel

(202) 4883986 (202) 4883987 (202) 4883988 (202) 4883989

Fax

(202) 4883909 (202) 6845882

E-mail

cis@cis-se.com

Web Site

www.cis-se.com

 

 

Federations:

Insurance Federation of Egypt

Chairman

Mr. Moawad Hassan Hassanein

Address

10 Iran St., Dokki, Giza, Egypt.

Tel

(202) 3389492 (202) 3388471 (202) 3388472

Fax

(202) 3388474

E-mail

Isegypt@yahoo.com

 

 

Auxiliary Organs:

Cargo Supervision & Surveying Office A.R.E.

Chairman

Mr.Hammam Mohamed Hamam Badr

Address

52 El- Horreya St., Alexandria, Egypt.

Tel

(203) 4870046 (203) 4862788

Fax

(203) 4872583

E-mail

cssoeg@cargo-sup-sur.com

Web Site

www.cargo-sup-sur.com

 

 

Representing Offices:

Marsh (Middle East) Limited

Address

30 Lebanon St., Cairo, E gypt.

Tel

(202) 5187996 (202) 5180079

 

 

FREMIR

Address

5 Youssef El-Guindy St., Bab El Louk, cairo, Egypt.

Tel

(202) 7953746

Fax

(202) 7954021

 

 

 

 
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