Fitch Ratings confirms Misr Insurance's rating

Fitch Ratings has affirmed Misr Insurance Company's “AAA (egy)” national financial strength rating. The outlook remains stable.

The rating recognizes the company's leading position in the Egyptian insurance market, its national status, strong capitalization, good financial performance and prudent investment strategy.

The Egyptian state-owned company closed the 2024 financial year with a turnover of 22 billion EGP (564 million USD).