Egypt’s Insurance Market Shrinks to 38 Companies as 2,178 New Brokers Join

The number of insurance companies in Egypt fell to 38 by the end of June 2026, down from 40 a year earlier, according to insurance sector data.

The decline represents a net reduction of two companies compared with the end of June 2025. The available figures did not identify the companies or explain the reasons for the decrease.

Meanwhile, 2,178 new insurance brokers entered the market, highlighting an expansion in intermediary activity alongside the smaller number of insurers.

The number of insurance associations remained unchanged over the same period, although the summary did not specify their total.

The figures show a changing balance among participants in Egypt’s insurance sector. They do not, however, establish how the shifts affected premium income, coverage or competition.