Regulatory Alerts1981-01-01
Added · Updated
Law No. 10 of 1981 Issuing the Law on Supervision and Control of Insurance in Egypt
Law No. 10 of 1981 establishes the legal framework for insurance supervision in Egypt by creating the Supreme Council for Insurance and the Egyptian Insurance Supervision Authority to regulate the sector. It mandates strict capital requirements, asset segregation, and mandatory reinsurance arrangements to protect policyholders and ensure financial stability. The law defines the organizational structures, licensing procedures, and operational obligations for all insurance entities operating within the country.