MISR Insurance Company

Since 2023, The Sovereign Fund of Egypt (TSFE) has owned 100% of the parent holding company of MISR Insurance, bringing the firm under full state ownership. The insurer was originally founded in 1934 by industrialist Mohamed Talaat Harb as part of the Banque Misr group. The transition to TSFE ownership was confirmed through Altss research records.

MISR Insurance splits its general account across direct Egyptian real estate, domestic equities, and fixed-income instruments via its in-house funds — the MISR Insurance Monetary Fund and the MISR Investment Fund. Confirmed real assets include the firm's Downtown Cairo headquarters on Talaat Harb Street and mixed-use buildings on Qasr al Nile and Mahmoud Bassiouni Streets. The firm does not publicly disclose the relative weightings between property and securities.

MISR Insurance manages the FAIR Non-Life Reinsurance Pool, the reinsurance facility for the Federation of Afro-Asian Insurers and Reinsurers. It also holds an executive committee seat at the African Insurance Organization (AIO). This positions the firm as a reinsurance conduit for member-state insurers across Africa and Asia, distinct from a purely commercial carrier.

The firm underwrites marine hull and cargo, inland transit, aviation, oil and energy, property (fire and burglary), engineering, motor, medical, and general accident and liability lines. Its license was the first issued by the Egyptian regulator when the domestic industry was established, and it remains supervised by the Egyptian Financial Regulatory Authority under License No. 1.

Fitch Ratings affirmed MISR Insurance at 'AAA(egy)', the highest national scale rating in the Egyptian market, with a stable outlook. This rating was reported on the firm's official website in 2025. The rating reflects the firm's capital strength and its sovereign ownership via The Sovereign Fund of Egypt.