Fund assets rise to EGP 238.2 billion, while investments reach EGP 210.9 billion, up 25.5%

Total contributions reach EGP 23.4 billion, up 25.1% from 2024, and beneficiaries number 4.2 million members

The Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has issued its annual performance report on private insurance funds for 2025. The report sets out the funds' key financial and operating indicators, the changes the industry saw during the year, and developments in contributions, assets, investments and insurance benefits paid to members.

The report highlights the important role private insurance funds play in strengthening social protection and providing financial benefits to workers and members on retirement or end of membership, in line with each fund's rules. They also accumulate savings and channel them into diverse investment avenues, supporting economic activity and helping deepen the capital market and the financial sector.

According to the report, the number of active private insurance funds stood at 665 at the end of 2025, compared with 671 at the end of 2024, while 86 funds were under liquidation, bringing the total of active funds and funds under liquidation to 751.

Fund membership reached about 4.21 million at year-end, reflecting the importance of this mechanism for a broad base of citizens who benefit from the savings and insurance protection the funds provide.

On the financial side, total private insurance fund assets rose to EGP 238.2 billion at the end of 2025, from EGP 195.7 billion at the end of 2024, a growth rate of 21.7%.

The reserve fund grew to about EGP 226 billion from EGP 184.7 billion the previous year, up 22.3%, reflecting a stronger financial base for the funds and their ability to meet their obligations to members under each fund's rules.

Total investments reached EGP 210.9 billion at the end of 2025, compared with EGP 168.1 billion at the end of 2024, a growth rate of 25.5%. Net investment income rose to EGP 40.6 billion from about EGP 31.4 billion the previous year, up 28.9%. This reflects the growth of the funds' investment resources and the importance of managing them efficiently to generate returns that help meet future obligations, in light of FRA decisions encouraging the prudent investment of fund savings to protect their financial stability, serve subscribers' interests and deepen the benefit they receive.

Total contributions, including employer contributions, rose to EGP 23.4 billion in 2025 from EGP 18.6 billion in 2024, a growth rate of 25.1%.

Meanwhile, insurance benefits paid by the funds rose to EGP 20 billion in 2025 from EGP 17.9 billion the previous year, up 11.7%, reflecting the funds' direct role in paying members their entitlements when the specified insured events occur.

Retirement-age benefits topped the insurance benefits paid, at about EGP 13.45 billion, followed by periodic pensions at EGP 2.81 billion and death-related benefits at EGP 1.22 billion.

In terms of investment allocation, the report showed a marked tilt toward instruments linked to the banking sector and government debt, with government-guaranteed securities totaling about EGP 88.27 billion.

Deposits, savings certificates and investment accounts in the report totaled about EGP 88.05 billion, while investments in fixed-income mutual fund units reached EGP 11.49 billion, shares listed on the Egyptian Exchange stood at EGP 4.46 billion, and other investments amounted to EGP 7.49 billion.

Dr. Islam Azzam, Chairman of the Financial Regulatory Authority, said these indicators confirm the growing economic importance of private insurance funds as a channel for pooling and investing long-term savings, as well as their role in supporting the financial stability of members and their families and providing funding that is invested in debt instruments, the banking sector and the capital market.

The FRA chairman stressed the importance of continuing to strengthen oversight of the funds, develop their management, and enhance governance and investment efficiency in accordance with Unified Insurance Law No. 155 of 2024 and the regulatory decisions issued by the Authority, to ensure a balance between growing members' money and the ability to pay the insurance benefits due.

The report is part of the FRA's commitment to publishing data and indicators on non-banking financial activities, enhancing transparency and raising awareness of their performance, which supports assessment of market developments, helps them grow and maximizes their contribution to the national economy.