The Egypt Financial Regulatory Authority directed the Egyptian Compulsory Motor Insurance Pool to expedite compensation for victims of a three-vehicle collision on the Dabaa Axis in Matrouh that killed nine people and injured others. The pool will contact victims’ families immediately to obtain the documents required for payment. Compensation is set at EGP 100,000 for each death, while payments for injuries will depend on the disability percentage determined by the medical commission. Claims will be settled once the accident documents are complete and the validity of the compulsory insurance policy is confirmed, subject to the applicable coverage limits.
2026-08-25Egypt Financial Regulatory Authority
Egypt Financial Regulatory Authority directs motor insurance pool to expedite compensation after nine deaths in Matrouh crash
The Egypt Financial Regulatory Authority directed the compulsory motor insurance pool to expedite compensation after a Matrouh collision killed nine people and injured others. Compensation is EGP 100,000 per death, while injury payments depend on the medically assessed disability percentage.