{"id":13760521,"date":"2021-01-08T17:19:53","date_gmt":"2021-01-08T15:19:53","guid":{"rendered":"https:\/\/fra.gov.eg\/%d8%aa%d9%81%d8%aa%d9%8a%d8%b4-%d9%88%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d9%81%d9%8a-%d9%85%d8%ac%d8%a7%d9%84-%d8%a7%d9%84%d8%aa%d8%a3%d9%85%d9%8a%d9%86\/"},"modified":"2025-03-10T13:25:18","modified_gmt":"2025-03-10T11:25:18","slug":"%d8%aa%d9%81%d8%aa%d9%8a%d8%b4-%d9%88%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d9%81%d9%8a-%d9%85%d8%ac%d8%a7%d9%84-%d8%a7%d9%84%d8%aa%d8%a3%d9%85%d9%8a%d9%86","status":"publish","type":"page","link":"https:\/\/fra.gov.eg\/en\/%d8%aa%d9%81%d8%aa%d9%8a%d8%b4-%d9%88%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d9%81%d9%8a-%d9%85%d8%ac%d8%a7%d9%84-%d8%a7%d9%84%d8%aa%d8%a3%d9%85%d9%8a%d9%86\/","title":{"rendered":"Insurance Inspection &#038; Surveillance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"13760521\" class=\"elementor elementor-13760521 elementor-11695\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a5f105 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2a5f105\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22a740a\" data-id=\"22a740a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c9f8155 elementor-widget elementor-widget-text-editor\" data-id=\"c9f8155\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The Insurance Supervision and Control Law, issued by Law No.\n10 of 1981, entrusts the Egyptian Insurance Supervisory Authority (EISA),\nreplaced with FRA, with supervising and controlling individuals and entities\nengaging in insurance and reinsurance operations regardless of their form\n(commercial, mutual, or cooperative) or the type of insurance (commercial,\nTakaful, micro-insurance).<o:p><\/o:p><\/p>\n\n<p>FRA performs its supervisory and regulatory role according\nto a risk-based supervision approach, representing the general regulatory\nframework governing insurance and reinsurance firms.<o:p><\/o:p><\/p>\n\n<p>FRA constantly strives to comply with the International\nAssociation of Insurance Supervisors (IAIS) standards and principles,\nespecially in applying risk-based supervision.<o:p><\/o:p><\/p>\n\n<p>FRA is also responsible for licensing and regulating\ninsurance sector professionals. Individuals and other companies practice some\nof these professions.<o:p><\/o:p><\/p>\n\n<p>Additionally, the FRA supervises and regulates the private\npension funds established under Law No. 54 of 1975 and its executive\nregulations.<o:p><\/o:p><\/p>\n\n<p>These funds are supervised and regulated per the supervisory\npractices and principles issued by the International Organization of Pension\nFunds (IOPS).<o:p><\/o:p><\/p>\n\n<p>FRA worked toward providing a full-fledged organizational\nstructure for the Egyptian insurance market. In this respect, the policyholders\nand Beneficiaries Guarantee Fund at Insurance Companies was established as per\nPM Decree No. 2734 of 2018.<o:p><\/o:p><\/p>\n\n<p>The fund compensates policyholders and beneficiaries if the\ninsurance company fails to meet its obligations.<o:p><\/o:p><\/p><p><br><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\"><p>The Insurance Supervision and Control Law, issued by Law No. 10 of 1981, entrusts the Egyptian Insurance Supervisory Authority (EISA), replaced with FRA, with supervising and controlling individuals and entities engaging in insurance and reinsurance operations regardless of their form (commercial, mutual, or cooperative) or the type of insurance (commercial, Takaful, micro-insurance). FRA performs its &hellip;<\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-right-sidebar.php","meta":[],"categories":[2099],"tags":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760521"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/comments?post=13760521"}],"version-history":[{"count":10,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760521\/revisions"}],"predecessor-version":[{"id":14310745,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760521\/revisions\/14310745"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=13760521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=13760521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=13760521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}