Moroccan insurance market in 2020
Chiffres en milliers
Class of business | Turnover 2020 | Turnover 2019 | 2019-2020 (1) evolution | 2020 shares | ||
---|---|---|---|---|---|---|
In MAD | In USD | In MAD | In USD | |||
Motor | 11 901 100 | 1 321 260 | 11 952 200 | 1 231 794 | -0.43% | 26.28% |
Bodily injury | 4 417 900 | 490 475 | 4 417 100 | 455 226 | 0.02% | 9.75% |
Workmen's compensation | 2 207 000 | 245 021 | 2 291 100 | 236 121 | -3.67% | 4.87% |
Fire | 1 920 900 | 213 258 | 1 609 300 | 165 854 | 19.36% | 4.24% |
Assistance, credit, bond | 1 430 200 | 158 781 | 1 647 300 | 169 771 | -13.18% | 3.16% |
Marine | 652 600 | 72 452 | 639 800 | 65 938 | 2.00% | 1.44% |
General third party liability | 567 800 | 63 037 | 568 000 | 58 538 | -0.04% | 1.25% |
Natural disaster (2) | 476 600 | 52 912 | - | - | - | 1.05% |
Technical risks | 173 600 | 19 273 | 288 300 | 29 712 | -39.78% | 0.38% |
Other non-life operations | 955 300 | 106 057 | 816 700 | 84 169 | 16.97% | 2.11% |
Acceptances (3) | 198 000 | 21 982 | 207 500 | 21 385 | -4.58% | 0.44% |
Total non-life | 24 901 000 | 2 764 509 | 24 437 300 | 2 518 508 | 1.90% | 54.97% |
Life insurance and capitalisation | 20 395 900 | 2 264 353 | 20 464 700 | 2 109 092 | -0.34% | 45.03% |
Grand total | 45 296 900 | 5 028 862 | 44 902 000 | 4 627 600 | 0.88% | 100% |
(1) Variation in local currency
(2) Coverage against the consequences of disasters
(3) Including acceptances of the coverage against the consequences of disasters
Read also | Ranking of insurance companies in Morocco
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