FRA extends compliance deadlines for healthcare firms and reinsurance brokers

Egypt's Financial Regulatory Authority has extended deadlines for healthcare management companies and foreign reinsurance brokers to meet requirements under the Unified Insurance Law.

The FRA Board of Directors, chaired by Islam Azzam, approved the extensions on 11 July 2026. Third-party administrators now have until 10 July 2027 to comply with Decision No. 229 of 2025. Applications for temporary licences from TPAs and health maintenance organisations will continue to be accepted for six more months after publication in the Official Gazette.

Companies must meet minimum capital rules as joint-stock entities. HMOs require EGP 75 million in paid-up capital and TPAs need EGP 20 million. One temporary licence has been issued to a health insurance company and eight to healthcare management firms.

Separately, the deadline for non-resident foreign reinsurance brokers was moved to 31 October 2026 under Decision No. 158 of 2025. Registered brokers must satisfy licensing, experience and rating conditions set by the authority.

Artigos relacionados

Egypt’s Financial Regulatory Authority has granted licences to eight companies operating in non-banking financial sectors.

Reportado por IA

The Egyptian Financial Regulatory Authority approved two companies for digital insurance policies and is reviewing over 10 more applications, FRA Chairperson Islam Azzam announced at the 52nd African Insurance Organisation Conference in Cairo.

Islam Azzam, Chairperson of Egypt's Financial Regulatory Authority, received a Russian delegation headed by Alexey Guznov to discuss prospects for cooperation in the insurance sector.

Reportado por IA

Egypt’s Financial Regulatory Authority has reduced fees charged by Misr for Central Clearing, Depository and Registry for participants in digital platforms offering real estate investment fund certificates.

The Financial Regulatory Authority will launch a specialised training programme within days for state-owned companies provisionally listed on the Egyptian Exchange and their executives.

Este site usa cookies

Usamos cookies para análise para melhorar nosso site. Leia nossa política de privacidade para mais informações.
Recusar