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Wafa Assurance: results for the first three quarters of 2023

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Magazine Issue: 
Reinsurance renewal 2024 : An upturn or just a respite? [3]
Magazine date: 
Dec 2023

Wafa AssuranceWafa Assurance has posted a consolidated turnover of 9.652 billion MAD (926.1 million USD) as at 30 September 2023, which represents a 14.2% increase over one year.

The technical reserves have gone up from 45 billion MAD (4.04 billion USD) at the end of September 2022 to 47.4 billion MAD (4.5 billion USD) one year later, showing a 5.2% growth.

Investments allocated to insurance operations rose by 4.7% to stand at 52.9 billion MAD (5.1 billion USD) at the end of the period under review.

Read also | Towards better supervision of the Moroccan insurance market [4]

Fri, 01/12/2023 - 14:02

Source URL: https://www.atlas-mag.net/en/category/pays/maroc/wafa-assurance-results-for-the-first-three-quarters-of-2023

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-206-december-2023
[4] https://www.atlas-mag.net/en/category/pays/maroc/towards-better-supervision-of-the-moroccan-insurance-market