The effect of the merger on the results of the investment activity and the net profit for life insurance in Egypt During the period (1999/2000 to 2015/2016)

Abstract

This study aimed to measure the impact of the merger on the results of the investment activity and the net profit for life insurance in Egypt. To achieve this goal, the public business sectoriel companies were relied on before and after the merger during the time period from 1999/2000 to 2015/2016. Based on the merger decision a strong entity was established as the largest insurance institution in the Middle East with a capital of 36.1 billion pounds for Misr Insurance Company and 31.9 billion pounds for Misr Life Insurance Company. Also among the positive results of the merger was the Appearance of new types of insurance policies, Such as credit risk insurance, small and micro enterprises insurance, and tankful insurance. Through the applied study, it was reached to reject the first hypothesis that there is no effect of the merger policy in insurance companies in the Egyptian market on the results of the investment activity of life insurance in these companies in the positive direction, as the net income from the investments allocated after the merger increased. The study also demonstrated acceptance of the second hypothesis, which states that there is no effect of the merger policy in insurance companies in the Egyptian market on the net profit of these companies