Egypt Financial Regulatory Authority requires real-time insurer data uploads to its electronic linkage platform, with a five-day window until 30 June 2025

The Egypt Financial Regulatory Authority issued a board decision setting mandatory procedures for insurance companies to register policy issuance and claims or compensation data on the authority’s electronic linkage platform, moving reporting toward a live, continuously updated supervisory dataset. Insurers must record all required data on the platform on a real-time basis, with a temporary allowance until 30 June 2025 to upload within a maximum of five days from the relevant action taken by the company. The decision also requires backfilling historical data, including uploading all in-force records, policies, and claims-related endorsements from 1 January 2024 up to the decision’s effective date within three months of the effective date, and uploading insurance product contract templates and related amendments and annexes approved by the authority before 1 January 2025 within a set period from the effective date. Data submissions must include national ID numbers for individuals and tax registration numbers for corporate beneficiaries of compensation, national ID numbers for all customers at policy issuance, and national ID and tax registration numbers for counterparties to group contracts; where historical records lack these identifiers, companies may use coded numbers temporarily but must complete the missing identifiers within six months of the effective date and provide the authority with a monthly progress report. The decision builds on the authority’s earlier requirement for insurers to implement the technological infrastructure needed to link their databases with the authority’s database.