Financial Regulatory Authority

FINANCIAL REGULATORY AUTHORITY

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Deputy Chairman of the Authority

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Circular No. (7) of 2020
Issued on 2020/4/7

Regarding the Settlement of Medical Insurance Branch Claims

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In the context of the state's plan to address the economic and social repercussions of the "coronavirus" and the current period's requirement for the concerted efforts of all state institutions to mitigate these repercussions.

And in light of the measures being taken by the Authority to alleviate the burden on supervised entities and their counterparties, thereby contributing to the insurance sector fulfilling its vital role in addressing current conditions.

The Authority emphasizes the necessity for all insurance companies engaged in medical insurance activities to take the necessary steps to expedite the settlement of claims from customers and service providers, thereby contributing to enhancing mutual trust between customers and insurance companies.

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Deputy Chairman of the Authority

Advisor / Rida Abdel Moeity

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Smart Village, Building 136, Giza, Egypt Postal Code: 110 Telephone: +202 3574535 Fax: +202 3577016 WWW.FRA.GOV.EG

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Building Bridges not Walls
Bridges, Not Walls