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Egypt: Chairman of FRA: We aim to develop insurance companies’ underwriting policies in order to improve technical results

Dr Mohamed Farid, Chairman of the Board of Directors of the Financial Regulatory Authority, revealed the authority’s schemes to develop the work of insurance companies operating in the Egyptian market.

Dr Farid pointed out that the Authority seeks to develop the requirements for actuarial reports in the field of pricing, as well as to develop underwriting policies for companies, in order to maintain the technical results of the insurance activity.

Source: أموال الغد