Regulatory Alerts2019-01-01
Decision of the Chairman of the Authority No. (302) for the Year 2019
The Financial Regulatory Authority of Egypt issued Decision No. (202) of 2019 to officially register Sarwa Life Insurance Company in the national insurance register and license it to operate. The decision authorizes the company to conduct life insurance, personal accident, long-term medical treatment, and savings operations, with an authorized capital of 500 million Egyptian pounds and an issued capital of 100 million Egyptian pounds. It mandates the publication of the decision in the Egyptian Gazette and on the Authority's website to ensure regulatory compliance and public notice.
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