{"id":24702289,"date":"2026-08-07T10:26:05","date_gmt":"2026-08-07T07:26:05","guid":{"rendered":"https:\/\/fra.gov.eg\/fra_news\/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d9%82%d8%b1%d8%b1-%d9%85%d8%af-%d9%81%d8%aa%d8%b1%d8%a9-%d8%aa%d9%88%d9%81%d9%8a%d9%82-%d8%a3%d9%88\/"},"modified":"2026-09-02T10:55:45","modified_gmt":"2026-09-02T07:55:45","slug":"%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d9%82%d8%b1%d8%b1-%d9%85%d8%af-%d9%81%d8%aa%d8%b1%d8%a9-%d8%aa%d9%88%d9%81%d9%8a%d9%82-%d8%a3%d9%88","status":"publish","type":"fra_news","link":"https:\/\/fra.gov.eg\/en\/fra_news\/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d9%82%d8%b1%d8%b1-%d9%85%d8%af-%d9%81%d8%aa%d8%b1%d8%a9-%d8%aa%d9%88%d9%81%d9%8a%d9%82-%d8%a3%d9%88\/","title":{"rendered":"FRA Extends Compliance Deadline for Private Insurance Funds to December 31 \u2013 Friday 7 August 2027"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\"><span style=\"color: #800000;\"><strong>Dr. Islam Azzam \u2013 FRA Chairman:<\/strong><\/span><\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\">\n<li><span style=\"color: #800000;\">Deadline extended to ensure full alignment with new legal and regulatory standards<\/span><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\">FRA Board of Directors chaired by Dr. Islam Azzam, has issued a Resolution extending the compliance deadline for Private Insurance Funds (PIFs) to align with the Unified Insurance Law until December 31, 2026.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The extension, running through year-end, applies strictly to Private Insurance Funds. All other entities governed by Unified Insurance Law No. 155 of 2024 remain subject to Resolution No. 145 of 2026, which set a compliance deadline of July 11, 2027. This general extension does not affect specific timelines established under separate regulatory rulings for specialized insurance areas.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Dr. Islam Azzam emphasized that Private Insurance Funds are vital instruments of social protection, providing savings, insurance benefits and supplementary pensions that strengthen social safety nets and financial stability. He noted that FRA\u2019s regulatory directives work hand-in-hand with the Unified Insurance Law to enhance fund performance, disclosure and operational transparency.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">He explained that extending the deadline aims to assist funds in aligning their operations and updating their bylaws to meet the sector&#8217;s new legal and regulatory framework. This transition ensures compliance with the Executive Regulations and controls issued by the Authority to boost performance and protect members&#8217; rights.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">He also highlighted key regulatory reforms, notably Resolution No. 269 of 2024 which updated investment rules for private insurance funds. The move aims to balance higher real returns with risk diversification by offering new investment vehicles that allow funds to shift progressively from fixed-income assets into flexible, diversified portfolios.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">According to the latest FRA data, new investments by Private Insurance Funds reached EGP 16.5 billion between January and May 2026\u2014a 51% increase compared to the same period last year. These investments are distributed across bank certificates, deposits, investment fund units, Treasury bills and government bonds.<\/p>\n","protected":false},"author":124,"featured_media":24438855,"parent":0,"template":"","format":"standard","categories":[],"tags":[3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,3791,4586],"fra_news_taxonomy":[],"news_paper_taxonomy":[],"class_list":["post-24702289","fra_news","type-fra_news","status-publish","format-standard","has-post-thumbnail","hentry","tag-financial-regulatory-authority-fra","tag-private-insurance-funds"],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/24702289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/fra_news"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/24438855"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=24702289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=24702289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=24702289"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=24702289"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=24702289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}