Acquiring Company
Wafa Assurance
Acquired Company
Delta Insurance Company
Morocco
CairoInsurtechInsuranceFinancial ServicesEmployee BenefitsInsurtechInsuranceDescription
Wafa Assurance has successfully acquired 97.9% of Delta Insurance Company through a mandatory tender offer valued at USD 103 million. This strategic acquisition, advised by EFG Hermes, marks a significant milestone in Egypt's insurance sector and reflects growing foreign interest in the market. The deal involved the purchase of a 63.4% stake previously held by Egypt Kuwait Holding (EKH).
Other recent acquisitions in Insurtech and Insurance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Arthur J. Gallagher acquires Tompkins Insurance (November 6, 2025)
- Brown & Brown acquires Accession Risk Management (October 21, 2025)
- Tokio Marine acquires Ignyte’s auto business for $615M, $615M (November 4, 2025)
- Renaissance acquires Ansel Health for insurance innovation (November 4, 2025)
- Radian Group acquires Inigo Limited, expands focus (December 11, 2025)
- Helvetia Baloise completes merger with Baloise Holding (December 10, 2025)
Who to call at Wafa Assurance, and when
When Wafa Assurance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Wafa Assurance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wafa Assurance, from your own LinkedIn network
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Fundz sees it the moment Wafa Assurance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Delta Insurance Company?
Delta Insurance Company was acquired by Wafa Assurance, based in Morocco. The deal was reported on November 4, 2025. Wafa Assurance is one of Morocco’s leading insurance companies, specializing in various insurance products. It has a strong presence in the Moroccan market and operates a life insurance subsidiary in Egypt. Wafa Assurance is privately held and operates in Insurtech.
When did Wafa Assurance acquire Delta Insurance Company?
Wafa Assurance's acquisition of Delta Insurance Company was reported on November 4, 2025. Wafa Assurance has successfully acquired 97.9% of Delta Insurance Company through a mandatory tender offer valued at USD 103 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Delta Insurance Company do?
Delta Insurance Company is a prominent player in Egypt's insurance market. It offers various insurance products, covering sectors like auto, health, and life insurance. It is privately held, operating in Financial Services, and is based in Cairo.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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