Difficulty in gathering information from insurers regarding natural disaster events is delaying the establishment of the scheme, said Mr. Kotb. The Insurance Authority of Egypt has announced it is to create a natural disaster insurance scheme by the end of the year in the country , and is calling on the country 's government to do the same . Egypt is especially vulnerable to earthquakes and flooding as it is located near two major international boundaries .
The Insurance Authority of Egypt has announced it is to create a natural disaster insurance scheme by the end of the year in the country , and is calling on the country 's government to do the same . Egypt is especially vulnerable to earthquakes and flooding as it is located near two major international boundaries .