Egypt Insurance Tenders

The Egyptian insurance market is one of the largest and most dynamic in Africa, with a total gross written premium (GWP) of USD 2.98 billion in 2022. The market is characterized by strong growth, with a compound annual growth rate (CAGR) of 17.5% over the past five years. This growth is being driven by a number of factors, including a growing middle class, increasing urbanization, and rising disposable incomes.

The Egyptian government is a major buyer of insurance products and services, spending an estimated USD 500 million per year. The government procures a wide range of insurance products, including property and casualty insurance, life insurance, and health insurance.

Property and casualty insurance: This type of insurance covers the government against losses caused by property damage, such as fire, theft, and natural disasters. It also covers the government against liability claims arising from its activities.
Life insurance: This type of insurance provides financial protection to the government's employees and their families in the event of death, disability, or retirement.
Health insurance: This type of insurance provides medical coverage to the government's employees and their families.

The Central Procurement Authority (CPA) is the main authority responsible for overseeing the government's procurement of insurance products and services.
The Ministry of Finance is also responsible for approving the government's insurance procurement budget.

Misr Insurance Company
Misr Life Insurance Company
Allianz Egypt
National Insurance Company of Egypt
Arab African Insurance Company

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