Travel insurance pool in Egypt

The travel insurance pool, established in 2020 by the Egyptian Financial Regulatory Authority (FRA), is expected to record a turnover of 1 billion EGP (63.6 million USD) during its first year of activity.

Before the creation of the pool, the annual travel insurance premiums would vary between 60 million EGP (3.8 million USD) and 70 million EGP (4.4 million USD).