Thanks, in part, to the political unrest that has swept Egypt since early 2011, the insurance sector has movedfrom an era of growth to one of stagnation. Prior to late 2010, the outlook had looked promising. Lifedensity was growing quite steadily. The substantial private insurance funds, which provide basic protectiontypeproducts - had underpinned the growth of the sector in years where demand for more sophisticatedproducts had consolidated. Although non-life penetration had been contracting, the overall growth of theeconomy meant that non-life premiums rose steadily in absolute terms. By combining three state-ownedinsurance companies and one state-owned reinsurer und...
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