Egypt's car insurance market experienced substantial growth in 2025, with total premiums reaching 11.72 billion EGP, up from 10.1 billion EGP in 2024, representing a 16.2% increase. This growth reflects the expanding insurance activity related to vehicle coverage during the year. According to the Egyptian Financial Supervisory Authority's annual statistical book for 2025, the market saw notable performance across various insurance sectors.
The top 10 car insurance companies in Egypt by revenue in 2025 were led by Egypt Insurance Company, which recorded 2.931 billion EGP in premiums. This was followed by Orient Takaful Insurance – Egypt with 1.190 billion EGP, Allianz Insurance – Egypt with 1.165 billion EGP, and GIG Insurance – Egypt with 970 million EGP. These companies demonstrated significant market presence in the car insurance segment.
Egypt Insurance Company dominated the market with a 25% share of total car insurance premiums in 2025. The company's substantial lead over other players underscores its strong market position. Orient Takaful Insurance secured the second spot with 1.190 billion EGP in premiums, highlighting its considerable market share in the Egyptian car insurance sector.
Comprehensive car insurance in Egypt provides policyholders with protection against various risks associated with vehicle ownership, including accidents, theft, and fire. The scope of coverage varies depending on the policy terms and conditions. The Egyptian Financial Supervisory Authority regulates claim settlement procedures for comprehensive car insurance, including guidelines for total loss cases and vehicle valuation.
The growth in car insurance premiums aligns with the overall expansion of Egypt's insurance sector. Total premiums across all insurance sectors reached 114.1 billion EGP in 2025, up from 94.4 billion EGP in 2024, representing a 20.9% increase. This upward trend indicates a broader positive trajectory for the insurance industry in Egypt.
The Egyptian Financial Supervisory Authority plays a crucial role in overseeing the insurance market, including setting rules for claim settlement in comprehensive car insurance. The authority's regulations cover aspects such as handling total loss cases and estimating vehicle market value. These guidelines aim to ensure fair and efficient claims processing for policyholders.
The performance of Egypt's car insurance market in 2025 reflects the sector's resilience and potential for growth. With a notable increase in premiums and a clear market leader in Egypt Insurance Company, the sector is poised for continued expansion. The comprehensive car insurance segment is expected to remain a significant contributor to the overall insurance market in Egypt.
Key points
- Egypt Insurance Company led the car insurance market in 2025 with 2.931 billion EGP in premiums.
- The Egyptian car insurance market grew by 16.2% in 2025, reaching 11.72 billion EGP in premiums.
- Total insurance premiums in Egypt reached 114.1 billion EGP in 2025, representing a 20.9% increase from 2024.
