Objectives:
To protect the rights of insurance policyholders, the beneficiaries and third parties
To secure the achievement of the economic and social objectives of insurance activity and preserving the national savings and the foreign currency resources from flowing abroad.
To secure the soundness of the financial positions of the Insurance market units, coordinating among them and preventing any conflict between them.
To participate in developing insurance awareness in the country.
To support the insurance market and develop it.
To strengthen the ties of co-operation and integration with the other control and supervisory authorities at the Arab, African, and world level.
To promote the insurance professions and to contribute effectively to the availability of the expertise.
The Supervision and control of individuals and bodies corporate working in the Egyptian insurance market.
The Supervision and control of the Private Insurance Funds.
Studying the legislation related to the insurance activity and expressing its view in any proposed decision or pursuit of the relevant draft laws to this activity.
Representing the State at the international insurance and reinsurance bodies and companies in which the government decides to participate.
Supporting the insurance studies and participating in their finance to serve the insurance market.
Preparing and publishing the statistical data, reports and studies pertaining to the activities of the Egyptian insurance market and its units
History
Established in 1981
(last updated: 26-July-2005)
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