{"id":601540,"date":"2019-03-04T04:18:09","date_gmt":"2019-03-04T04:18:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/"},"modified":"2019-03-04T04:18:09","modified_gmt":"2019-03-04T04:18:09","slug":"sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/","title":{"rendered":"Sarwa Capital acquires licenses for life and non-life insurance products"},"content":{"rendered":"

<\/a> Sarwa Capital acquires licenses for life and non-life insurance products:<\/b> Consumer- and structured-finance player Sarwa Capital Holding has acquired licenses from the Financial Regulatory Authority (FRA) to begin offering life and non-life insurance policies, the company announced in a statement (pdf)<\/a>. The company will provide insurance through two separate entities: Sarwa Insurance Company will offer property and liability insurance, and Sarwa Life Insurance Company will provide life and health insurance, as well as long-term savings products. The two new companies were incorporated in 2018 following preliminary approval from the FRA<\/a> and the General Authority for Freezones and Investment (GAFI)<\/a>. Each entity will have initial capital of around EGP 100 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sarwa Capital acquires licenses for life and non-life insurance products: Consumer- and structured-finance player Sarwa Capital Holding has acquired licenses from the Financial Regulatory Authority (FRA) to begin offering life and non-life insurance policies, the company announced in a statement (pdf). The company will provide insurance through two separate entities: Sarwa Insurance Company will offer […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,76,181,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601540","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-financial-regulatory-authority","tag-insurance","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3731eb26-1989-4cb5-99f2-3e647270b2d0","is_powered_by":true,"section_story_id":"2927e908-f16a-4a93-ae2b-efc0d6465439","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601529],"teaser":"","voice_url":""},"yoast_head":"\nSarwa Capital acquires licenses for life and non-life insurance products - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sarwa Capital acquires licenses for life and non-life insurance products\" \/>\n<meta property=\"og:description\" content=\"Sarwa Capital acquires licenses for life and non-life insurance products: Consumer- and structured-finance player Sarwa Capital Holding has acquired licenses from the Financial Regulatory Authority (FRA) to begin offering life and non-life insurance policies, the company announced in a statement (pdf). The company will provide insurance through two separate entities: Sarwa Insurance Company will offer […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-04T04:18:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sarwa Capital acquires licenses for life and non-life insurance products\",\"datePublished\":\"2019-03-04T04:18:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Financial Regulatory Authority\",\"insurance\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/sarwa-capital-acquires-licenses-for-life-and-non-life-insurance-products\/\",\"name\":\"Sarwa Capital acquires licenses for life and non-life insurance products - 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The statement did not disclose the value of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572430,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/24\/egypts-market-regulator-approves-4-new-insurance-products-from-sarwa-capital\/","url_meta":{"origin":601540,"position":1},"title":"Egypt\u2019s market regulator approves 4 new insurance products from Sarwa Capital","author":"enterpriseam admin","date":"24 June 2020","format":false,"excerpt":"Sarwa Capital has received approval from the Financial Regulatory Authority to roll out four new insurance products, head of technical affairs Sameh El Shourbagy told the local press. 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Sarwa now has the green light to issue the sharia-compliant bonds\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592027,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/sarwa-capital-ceo-on-working-in-an-industry-most-dont-understand-2\/","url_meta":{"origin":601540,"position":4},"title":"Sarwa Capital CEO on working in an industry most don\u2019t understand","author":"enterpriseam admin","date":"24 December 2019","format":false,"excerpt":"The co-founder and CEO of Sarwa Capital, Hazem Moussa, on growing a consumer finance startup and life post-IPO: Since starting out with car financing with Contact Cars back in 2001, Sarwa Capital has grown its operations to encompass all aspects of consumer finance, including financing consumer durables, home finishing, mortgages\u2026","rel":"","context":"In "Worth Listening"","block_context":{"text":"Worth Listening","link":"https:\/\/enterpriseam.com\/egypt\/category\/worth-listening\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2554.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575242,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/premium-card-sarwa-capital-to-launch-consumer-finance-company-in-october\/","url_meta":{"origin":601540,"position":5},"title":"Premium Card, Sarwa Capital to launch consumer finance company in October","author":"enterpriseam admin","date":"7 October 2020","format":false,"excerpt":"Premium Card and Sarwa Capital are launching a consumer finance joint venture this month, once Premium Card gets the greenlight for its consumer finance license application from the Financial Regulatory Authority (FRA), CEO Paul Antaki tells Al Mal. 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