The Egypt Financial Regulatory Authority, in cooperation with the World Bank, held a capacity-building workshop for board members of private insurance funds to strengthen governance and management practices. The programme focused on helping fund boards respond to economic changes, improve transparency and conflict-of-interest controls, and build capabilities alongside digital transformation and the disclosure and supervisory follow-up changes introduced by Egypt's Unified Insurance Law No. 155 of 2024. The workshop covered international good practice in fund governance, methods for monitoring economic developments and adapting to them, board operating rules, compliance with regulatory requirements, and risk management. The authority linked stronger governance and transparency to better decision-making, more effective oversight of investments and fund assets, and improved returns for beneficiaries. Egypt has more than 660 private insurance funds with nearly 4 million members, providing savings, insurance and supplementary pension benefits.
Egypt Financial Regulatory Authority2026-05-16
Egypt Financial Regulatory Authority holds World Bank workshop for private insurance fund boards on governance and conflict controls
The Egypt Financial Regulatory Authority and the World Bank held a capacity-building workshop for board members of private insurance funds to strengthen governance and management under Egypt's Unified Insurance Law No. 155 of 2024. The programme covered international good practice in fund governance, monitoring economic developments, board operating rules, regulatory compliance and risk management, linking stronger governance and transparency to improved oversight of investments and returns for nearly 4 million beneficiaries in over 660 private insurance funds.