[October 09, 2008] Research and Markets: Egypt Insurance Report Q3 2008 Is Out Now Tweet (M2 PressWIRE Via Acquire Media NewsEdge) RDATE:09102008 Dublin - Research and Markets (http://www.researchandmarkets.com/research/4ee160/egypt_insurance_re) has announced the addition of the "Egypt Insurance Report Q3 2008" report to their offering. Egypt Insurance Report provides independent forecasts and competitive intelligence on Egypt's insurance industry In Q308, the key change is that we have incorporated much more information about the companies that are operating across the regions of which each country is a part. We have sought to make it much clearer who is operating in each country and under what name(s). Perhaps equally importantly, our profiles make it plain which multinational companies are not operating in each country. In the Middle East and North Africa, we profile 17 companies. These are AGF, AIG, Allianz, Aviva, AXA, Cardif, ERGO, Eureko, Fortis, Generali, Groupama, HSBC Insurance, Liberty Mutual, MAPFRE, RSA, UNIQA and Zurich Financial Services. We also look at a number of the smaller local firms that are active in the region, particularly in Kuwait, Oman, Saudi Arabia and the UAE. For almost all the countries whose reports we are updating, we are also able to include actual data for calendar 2007: this was not the case for our Q208 reports. In 2007, total premiums in Egypt rose by 16% to EGP5,635mn. Non-life premiums rose by 11% to EGP3,402mn, while Life premiums rose by 25% to EGP2,233mn. Between now and the end of the forecast period, we expect that annual Non-life premiums will grow by EGP2,883mn, while annual Life premiums should increase by EGP1,824mn. Growth in Non-life premiums should be driven by the general growth in nominal GDP plus a rise in Non-life penetration from the current level of 0.53% to 0.65%. Growth in Life premiums should be driven by the change in the overall population and a rise in life density from US$5.07 to US$10.00 per capita. Insurance Business Environment Rating is 43.2. Egypt Insurance Industry SWOT Key Topics Covered: The Sector At A Glance Table: Overview Of Egypts Insurance Sector Key Insights On Egypts Insurance Sector Egypt Insurance Industry SWOT Development Of BMIs Insurance Reports Projections And Forecasts Table: Premiums Historical Data And Forecasts, 2005-2012 Projections And Drivers Of Growth Table: Growth Drivers, 2005-2012 Country Update Macroeconomic Outlook Table: Egypt Economic Activity Political Outlook Table: Egypt Insurance Business Environment Indicators Table: Middle East And Africa Insurance Business Environment Rankings Regional Context Table: Non-Life Premiums In A Regional Context, 2007 Table: Life Premiums In A Regional Context, 2007 Table: Comparison Of Major Lines As % Of Non-Life Premiums, 2006 Analysis Of Competitive Conditions Regional Overview Total: Overview Of Local Insurance Companies In The UAE, 2006 And 2007 (US$mn) Table: Overview Of Local Insurance Companies In Kuwait, 2006 And 2007 (US$mn) Egypt Non-Life Segment Egypt Life Segment Company Profiles Methodology Basis Of Projections Insurance Business Environment Rating Table: Insurance Business Environment Indicators And Rationale Table: Weighting Of Indicators Companies Mentioned: AGF AIG Allianz Aviva AXA Cardif Ergo Eureko Fortis Generali Groupama HSBC Insurance Liberty Mutual MAPFRE RSA UNIQA Zurich For more information visit http://www.researchandmarkets.com/research/4ee160/egypt_insurance_re CONTACT: Laura Wood, Senior Manager, Research and Markets Fax: +1 646 607 1907 (US) Fax: +353 1 481 1716 (Rest of World) e-mail: [email protected] ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). Copyright ? 2008 M2 Communications Ltd. [ Back To TMCnet.com's Homepage ]