Sarwa Life Insurance records EGP 658M in direct premiums in FY2022/23

Updated 9/5/2023 2:39:00 AM
Sarwa Life Insurance records EGP 658M in direct premiums in FY2022/23

Arab Finance: Sarwa Life Insurance, a subsidiary of subsidiary of Contact Financial Holding, has collected direct premiums of nearly EGP 658 million during the fiscal year (FY) of 2022/2023, up 102% from EGP 326 million in FY 2021/2022, as per an emailed press release.

It is worth noting that the company recorded operating revenues of EGP 48.5 million last FY, marking a 140% year-on-year (YoY) increase.

Established in 2019, Sarwa Life Insurance provides a wide range of personal and commercial insurance solutions to retail and institutional clients.

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