Egypt's fire insurance sector saw significant growth in 2025, with total revenues reaching EGP 13.658 billion, up from EGP 10.154 billion in 2024. This represents a 34.5% increase, or EGP 3.504 billion. The data, from the Egyptian Financial Supervisory Authority's annual insurance activity report for 2025, highlights the sector's expansion. Fire insurance is a type of property and liability insurance that protects assets and facilities against losses and damages caused by fire risks.
The Egyptian Financial Supervisory Authority's report shows that the top 10 fire insurance companies in Egypt generated EGP 13.044 billion in revenues in 2025. This accounts for 95.5% of the total fire insurance revenues for the year. The largest company, Egypt Insurance, led the market with EGP 8.112 billion in revenues. The sector's growth is driven by the increasing demand for risk management solutions among businesses and individuals.
Egypt Insurance was the leading provider of fire insurance in 2025, with EGP 8.112 billion in revenues. The second-largest provider was GIG Insurance - Egypt, with EGP 1.543 billion in revenues. Orient Takaful Insurance - Property came third, with EGP 1.081 billion in revenues. The rankings are based on data from the Egyptian Financial Supervisory Authority's annual report.
Other notable fire insurance providers in Egypt include Al-Mohandes Insurance, with EGP 443 million in revenues, and AXA Insurance, with EGP 430 million in revenues. Allianz Insurance - Egypt and Delta Insurance also featured in the top 10, with EGP 383 million and EGP 375 million in revenues, respectively. These companies play a crucial role in providing risk management solutions to businesses and individuals.
The fire insurance market in Egypt offers coverage for losses and damages caused by fire risks. The sector is an essential part of the country's insurance industry, providing financial protection to policyholders. Fire insurance policies can be tailored to meet specific needs, offering a range of coverage options. This flexibility allows businesses and individuals to manage their risks effectively.
The growth of Egypt's fire insurance market is driven by increasing awareness of risk management solutions. The sector is expected to continue growing, driven by demand from businesses and individuals seeking to protect their assets. The Egyptian Financial Supervisory Authority regulates the insurance industry, ensuring that providers operate in a stable and secure environment.
In conclusion, Egypt's fire insurance market experienced significant growth in 2025, driven by increasing demand for risk management solutions. The top 10 companies in the sector generated EGP 13.044 billion in revenues, accounting for 95.5% of the total market. Egypt Insurance led the market, followed by GIG Insurance - Egypt and Orient Takaful Insurance - Property.
Key points
- Egypt's fire insurance market grew 34.5% in 2025, with total revenues reaching EGP 13.658 billion.
- The top 10 fire insurance companies in Egypt generated 95.5% of total revenues in 2025.
- Egypt Insurance led the market with EGP 8.112 billion in revenues.