Rana Mamdouh _ The Financial Regulatory Authority (FRA), headed by Dr. Islam Azzam, has issued the annual performance report for private insurance funds for the year 2025. The report includes the key financial and operational indicators of the funds, the industry changes witnessed during the year, and developments in subscriptions, assets, investments, and insurance benefits paid to members.
The report revealed the vital role played by private insurance funds in enhancing social protection, providing financial benefits to employees and their members upon retirement or termination of membership in accordance with the rules governing each fund, alongside their role in accumulating savings and channeling them into diverse investment avenues to support economic activity and contribute to deepening the capital market and the financial sector.
665 Active Funds by the End of 2025
The report clarified that the number of active private insurance funds reached 665 by the end of 2025, compared to 671 funds at the end of 2024, while the number of funds under liquidation stood at 86 funds, bringing the total number of active and liquidating funds combined to 751 funds.
Furthermore, the number of fund members by the end of the year reached approximately 4.21 million members, reflecting the significance of this mechanism for a broad base of citizens benefiting from the savings and insurance protection provided by the funds.
Regarding financial indicators, total assets of private insurance funds rose to EGP 238.2 billion by the end of 2025, compared to EGP 195.7 billion at the end of 2024, achieving a growth rate of 21.7%.
Additionally, the reserve fund value grew to approximately EGP 226 billion, compared to EGP 184.7 billion in the previous year, with a growth rate of 22.3%. This reflects the strengthening of the funds' financial base and their ability to meet their obligations towards members in accordance with the provisions of each fund.
EGP 210.9 Billion in Total Investments by the End of 2025
Total investments recorded EGP 210.9 billion by the end of 2025, compared to EGP 168.1 billion by the end of 2024, at a growth rate of 25.5%. Meanwhile, net investment returns rose to EGP 40.6 billion, compared to approximately EGP 31.4 billion during the previous year, achieving a growth rate of 28.9%. This reflects the development of the funds' investment resources and the importance of managing them efficiently to achieve returns that support meeting their future obligations, in light of the Financial Regulatory Authority's decisions encouraging prudent investment deployment of fund savings to protect their financial stability, serve the interests of subscribers, and deepen their utilization.
As for subscriptions, total subscriptions—including entity contributions—rose to EGP 23.4 billion during 2025, compared to EGP 18.6 billion in 2024, marking a growth rate of 25.1%.
EGP 20 Billion in Insurance Benefits Paid by Funds During 2025
Conversely, the value of insurance benefits paid by the funds rose to EGP 20 billion during 2025, compared to EGP 17.9 billion in the previous year, representing a growth rate of 11.7%. This reflects the direct role of the funds in providing financial dues to their members upon the occurrence of the stipulated insurance events.
The equivalent value of benefits upon reaching retirement age topped the list of paid insurance benefits at approximately EGP 13.45 billion, followed by periodic pensions at EGP 2.81 billion, and then member death-related benefits at EGP 1.22 billion.
At the level of investment distribution, the report's data showed a notable orientation towards financial instruments related to the banking sector and government debt, with government-guaranteed securities reaching approximately EGP 88.27 billion.
EGP 11.49 Billion Invested in Fixed Income Fund Units .. EGP 4.46 Billion in Stocks Traded on the Stock Exchange
Deposits, certificate of deposits, and investment accounts mentioned in the report reached approximately EGP 88.05 billion, while investments in fixed-income mutual fund units recorded EGP 11.49 billion, and the value of stocks traded on the Egyptian Exchange (EGX) reached EGP 4.46 billion, alongside EGP 7.49 billion in other investments.
Dr. Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), stated that these indicators underscore the growing economic importance of private insurance funds as one of the channels for collecting and deploying long-term savings, as well as their role in supporting the financial stability of members and their families and providing funding resources invested in debt instruments, the banking sector, and the capital market.
The FRA Chairman emphasized the importance of continuously strengthening supervisory mechanisms over the funds, developing their management, and enhancing governance and investment efficiency in accordance with the Unified Insurance Law No. 155 of 2024 and the regulatory resolutions issued by the Authority, ensuring a balance between developing members' funds and the ability to fulfill due insurance benefits.
The issuance of this report comes within the framework of the Authority's keenness to provide data and indicators related to non-banking financial activities, enhance transparency, and raise awareness of its performance, thereby supporting the assessment of market developments, aiding in their growth, and maximizing their contribution to the national economy.
