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Egypt Insurance Market Intelligence Price: $600.00 (€472.89) ($720.00 (€567.46) Including VAT at 20%) Publication Date: 01-Jan-2010 Format: PDF Email Pages: 22 Publisher: Koncept Analytics Egypt is one of the few countries globally which have the lowest per capita expenditure on insurance. However, its insurance market has witnessed growth in premiums, mainly on account of improved productivity of the sector as well as strong economic growth and the initiation of several major infrastructure projects. Along with the above factors, the government reforms and legislations have also supported the insurance sector and made it lucrative for both domestic and foreign private players, resulting in expansion of customer base (increasing premium and investment). Expanding national economy, growing demand for automobiles, new employment opportunities and increased household consumption and investment, have also boosted the growth of the industry. Despite huge opportunities, Egypt’s insurance market remains under-developed, because of low awareness, particularly among the poor and middle-class population of the country. The non-life insurance segment of the market holds a stronger position as compared to the life segment, on account of an increase in demand for motor, accident, and health products. Nevertheless, in the last two years, the life insurance premiums have recorded a double-digit growth over the non-life segment. This segment, along with government tax incentives and stimulus measures, is expected to record growth, as these products are generally similar to bank savings product. However, the coming years appear promising for the non-life segment, particularly the motor, accident and health insurance segments. The present report gives an overview of the Egyptian insurance market along with an analysis of Egypt’s political structure and the economic growth. The report provides an insight into the market size and growth in insurance premiums as well as life and non-life premiums. Insurance premiums are discussed in terms of life and non-life segments and the density and penetration levels. The various developments and drivers are also discussed and finally the projections regarding premium growth are given. By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the Egyptian insurance industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry and its sub-segments life and non-life insurance. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests. Table of Contents/List of Tables/List of Figures

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