FRA mandates credit checks for life insurance policies worth EGP 10m or more

The Financial Regulatory Authority (FRA) has required life insurance companies to obtain a credit report for any applicant seeking an individual life insurance policy worth EGP 10m or more, or the equivalent in foreign currency, as part of new risk management standards aimed at strengthening underwriting decisions and enhancing protection for policyholders. The requirement is […] The post FRA mandates credit checks for life insurance policies worth EGP 10m or more first appeared on…