Egypt’s Reinsurance Brokerage Assets Double to EGP 1.12 Billion in 2025
Egypt’s reinsurance brokerage sector saw its asset base more than double in 2025, even as profits remained broadly flat, highlighting a sharp expansion in balance sheets that has yet to translate into comparable earnings growth.
Total assets held by reinsurance brokerage companies reached EGP 1.1199 billion at the end of 2025, up from EGP 555.5 million a year earlier, representing growth of 102%, according to the Financial Regulatory Authority’s 2025 annual statistical report on the insurance sector.
The increase was accompanied by a more moderate rise in shareholders’ equity, which climbed 28% to EGP 193.1 million, compared with EGP 151.3 million at the end of 2024.
Profitability, however, moved in the opposite direction.
Net profits generated by reinsurance brokerage companies slipped 1% to EGP 49.1 million in 2025 from EGP 49.7 million a year earlier.
Assets surge while profits remain almost unchanged
The contrast between the 102% jump in assets and virtually flat earnings is one of the more striking signals in the sector’s 2025 figures.
Reinsurance brokers act as intermediaries between insurers and reinsurers, helping insurance companies transfer part of their risks to other institutions, often involving international reinsurance markets for large or complex exposures.
The expansion in their asset base therefore comes as Egypt’s insurance market continues to develop its capacity to manage and distribute risk, particularly as the scale and complexity of insured projects and corporate exposures increase.
The earnings figures, however, show that a larger balance sheet does not automatically translate into higher profitability, with net income remaining slightly below its 2024 level despite the substantial increase in assets.
Nine companies operate in reinsurance brokerage
Egypt’s insurance intermediation market included 87 insurance brokerage companies and nine reinsurance brokerage companies at the end of 2025, according to the FRA’s annual statistics.
That makes reinsurance brokerage a relatively concentrated segment of the wider insurance intermediary market.
The 2025 numbers leave the sector with a considerably larger financial base heading into 2026, but the next measure of performance will be whether that expansion can generate stronger brokerage activity and earnings — rather than asset growth alone.