Regulatory Alerts2007-01-01
Law No. 72 of 2007 Concerning the Issuance of the Law on Compulsory Insurance for Civil Liability Arising from Accidents of Rapid Transport Vehicles within the Arab Republic of Egypt
The Egyptian Parliament enacted Law No. 72 of 2007 to mandate compulsory civil liability insurance for all rapid transport vehicles operating within the Arab Republic of Egypt. This legislation requires vehicle operators to maintain valid coverage that compensates third parties for bodily injury, death, or property damage caused by traffic accidents. The law establishes standardized compensation limits, enforcement protocols, and regulatory oversight to ensure consistent victim protection and industry compliance.
Share