Regulatory Alerts2021-01-01
Circular No. (8) of 2021
The Financial Regulatory Authority requires all Egyptian insurance companies to consolidate applications for multiple terms, conditions, exceptions, and addenda into a single product endorsement rather than submitting them separately. This directive addresses recent influxes of flexible and broadly formulated requests attached to multiple policies or entire insurance branches. Specialized insurance types remain exempt from this consolidation requirement, ensuring streamlined regulatory approval while maintaining fair pricing and market stability.
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