Allianz Egypt is a leading insurance and asset management provider in Egypt. The company comprises two main subsidiaries: Allianz Life Assurance Company – Egypt and Allianz Insurance Company – Egypt, offering comprehensive insurance services to both business partners and individuals. Products include life insurance, medical insurance, property and casualty insurance, employee benefits, and pension plans. Established in 1976 as Arab International Insurance Company (AIIC), the company joined the Allianz Group in 2001 and underwent restructuring in 2004 to adopt its current brand names.
Allianz Egypt is headquartered at Cairo Festival City, Cairo Governorate, Egypt, with 501-1000 employees. As of February 2026, the company has estimated annual revenue of $5 billion. The company operates in the insurance industry and has recently expanded its bancassurance channels through partnerships with Suez Canal Bank and Crédit Agricole Egypt. Allianz Life Assurance Egypt has been recognized as the second-largest life insurer in Egypt and received the "Best Life Insurance Company – Egypt 2024" award.
Recent Leadership News
In July 2024, Allianz Egypt appointed Charles Tawdros as CEO, reflecting the company's commitment to business development and expansion plans. Tawdros brings over 20 years of experience in insurance and financial sectors, with multiple leadership roles at Allianz Egypt including Chief Financial Officer and CEO of Reinsurance at Allianz Life Assurance Company.
Facts compiled by Executive Moves from publicly available news and press releases on 23 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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