The Egypt Financial Regulatory Authority has reconstituted the Egyptian committee responsible for establishing and studying actuarial tables for life insurance, with a mandate to review whether the Egyptian life actuarial tables introduced in 2022 need to be updated. The move is intended to improve product pricing by grounding mortality and disability assumptions in actual market experience reported by insurers. The committee will collect, examine and verify actual experience data on death and disability from insurance companies from the 2022 release of the first Egyptian life actuarial tables through the latest reporting year, and compare those results with the rates in the first version of the tables. It must then prepare a technical study on whether a full or partial update is needed and set out the expected effect on insurance product pricing. The decision also requires the committee to propose how often the Egyptian life actuarial tables should be reviewed in future, in line with changes observed in actual experience data and with international actuarial practice.
Egypt Financial Regulatory Authority2026-07-25
Egypt Financial Regulatory Authority reconstitutes life insurance actuarial tables committee to review 2022 to latest experience data and assess updates
The Egypt Financial Regulatory Authority has reconstituted its life insurance actuarial tables committee to review insurer mortality and disability experience data from 2022 through the latest reporting year. The committee will assess whether the current Egyptian life actuarial tables need a full or partial update and propose a future review cycle. It will also examine the effect of any changes on product pricing.