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بوابة الفجر
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FSRA Chairman updates Life Insurance Tables
The Chairman of the General Authority for Securities and Commodities in Egypt has issued a decision to reconstitute the Egyptian Committee responsible for developing and studying actuarial tables related to life insurance, with the aim of advancing the insurance sector and improving its pricing accuracy. The committee's duties include collecting and analyzing data on mortality and disability from insurance companies since the release of the first edition of the life tables in 2022, to determine the need for updates or modifications, both quantitatively and qualitatively. The decision seeks to enhance the efficiency of pricing processes, provide insurance products aligned with health and social changes, and develop a periodic review mechanism for the tables according to international best practices. This initiative aims to increase insurance coverage and its dissemination across Egypt.
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