Obliged companies operating in the insurance sector to raise the minimum issued and paid-up capital in two stages over two years to reach 400 million EGP in the first stage.
The capital will be then increased in the second stage to reach EGP 600 million EGP.
Set minimum capital for property and liability insurance companies practicing branches of petroleum, aviation, energy insurance at approximately 400 mn EGP in first phase.
Value will be increased by 50 mn EGP for each branch practiced, then the capital will be increased to 600 million pounds, within 2 years from the decision’s implementation.
Companies shall regularize their situations within a year from its implementation date.
Required companies to prepare timetable detailing stages of increasing their capital and to provide it to the EGY FRA within one month from the date of its entry into force.
Those companies are prohibited from distributing cash dividends to their shareholders before fulfilling minimum capital requirements, except after obtaining no-objection.
Target increasing umbrella of insurance coverage to include largest number of citizens.
Effectiveness
Decision is effective the day following its publication in the official gazette, on Jan. 20.
Jul. 30, 2025 Amendment
On Jul. 30, 2025, EGY FRA issued Decision 144/2025 amending Decision 196/2024.
Set phase 1 paid-up capital for property and liability insurance companies operating in petroleum, aviation, energy to EGP 450M for one branch, 500M for 2, EGP 550M for 3.
Phase 2 paid-up capital is EGP 650M for one branch, EGP 700M for 2, EGP 750M for 3.
The amendments replaces certain capital amount ranges with narrower ranges, specifying EGP 400M or EGP 450M, as applicable instead of previous broader amounts,
Replaced EGP 600M or EGP 650M, as applicable instead of previous broader amounts.
Decision is effective upon its issuance, and shall be published in the official gazette.
Jul. 2026 Deadline Extension
On Jul. 22, 2026, EGY FRA published Decision 135/2026 extending the deadline for capital increases by certain insurance services companies.
Document dated Jul. 22, 2026, received from EGY FRA Jul. 27, summarized Jul. 28.
Sets the new compliance deadline at Oct. 31, 2026.
Requires affected companies to submit a timetable for capital increases within one month of publication of the resolution.
Prohibits the distribution of cash dividends until minimum capital requirements are met, unless FRA approval is obtained.
Regulators
EGY FRA
Entity Types
Corp; Ins
Reference
OG 158, Dec 135/2026, 7/22/2026; OG 166, Dec 144/2025, 7/30/2025; PR, 1/19/2025; OG 15 annex a, 1/19/2025, Dec 196/2024
