Investor Presentaiton
Insurance: Delta & Mohandes
Significant increase in attributable net profit to EKH from
its insurance subsidiaries over the last 4 years.
Recurring Attributable Net Profit in EGP mln
Delta Insurance
■
▪ Leading life, property & casualty insurance company
■ Delta Insurance is currently among the top 5 largest
private sector insurance companies in Egypt.
■ In 2019, EKH increased its stake in Delta Insurance
from 33% to 55%. In 2020 and 2021, EKH acquired
additional shares increasing its effective stake in Delta
to 63.2% by the end of Q3 2021.
■ Delta
Insurance extraordinary general meeting
approved capital increase from EGP126mn
EGP350mn.
to
El Mohandes Insurance
■Leading life, property & casualty insurance company
■ In Q4 2020, EKH acquired a 24.9% stake in Mohandes
Insurance.
According to EAS
EKH
Egypt Kuwait Holding
26
42
176
29
243
38
199
205
152
157
131
93
Delta
Delta
GOMIC
MOHANDIES INSURANCE CO.
شركة المهندس للتامين
N
COMIC
MOHANDS
INSURANCE CO
شركة المهندس تأمينات الحياة
119
13
53
106
10
43
2019
2020
2021
2022
9M'22
9M'23
Q2'23
Q3'23
Delta Mohandes
Adjusted for calendar year
Variations due to rounding
Egypt Kuwait Holding | Investor Presentation
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