Morocco 2003

Insurance companies ranking by turnover

in thousands USD
CompaniesMarket turnoverNon-lifeLife
Premium%Premium%Premium%
1
Axa Assurance Maroc
265 20219.26%168 90117.22%96 30124.31%
2
Wafa Assurances
196 48414.27%117 79912.01%78 68519.86%
3
Al Wataniya
179 32413.02%142 75614.55%36 5689.23%
4
Royale Marocaine d'Assurances
139 82210.15%94 2579.61%45 56511.50%
5
CNIA Assurance
116 4978.46%58 8316.00%57 66614.54%
6
Sanad
83 8226.09%81 6538.32%2 1690.55%
7
Atlanta
78 1945.67%62 6906.39%15 5043.91%
8
Essaada
72 0055.23%69 5287.09%2 4770.63%
9
CAT
61 0804.44%61 0806.23%00.00%
10
Marocaine Vie
54 8813.98%5 6060.57%49 27512.44%
11
Zurich
46 9353.41%43 3274.42%3 6080.91%
12
MCMA
31 3622.28%22 9712.34%8 3912.12%
13
MAMDA
30 3122.20%30 3123.09%00.00%
14
MATU
21 2581.54%21 2582.16%00.00%
 
Total
1 377 178100%980 969100%396 209100%
 

2003 turnover by class of business

in thousands USD
Classes of businessPremiumsMarket shareGlobal turnover
share
Life insurance
Groups
204 15951.53%14.82%
Personal accident
190 34048.04%13.82%
Life
1 6950.42%0.13%
Others
250.01%0.00%
Life total
396 209 100% 28.77%
Non-life insurance
Motor
467 26447.63%33.93%
Bodily injury
162 56116.57%11.80%
Workmen's compensation
163 48316.67%11.87%
General Third Party Liability
23 3602.38%1.70%
Marine
66 9236.82%4.86%
Fire
71 8707.33%5.22%
Engineering
11 6701.19%0.85%
Other Non-life
12 1621.24%0.88%
Non-life Acceptances
1 6760.17%0.12%
Non life total
980 969 100% 71.23%
Grand Total
1 377 178100%100%
Source: Fédération Marocaine des Sociétés d'Assurances et de Réassurance Exchange rate as at 31/12/2003: 1USD = 8.759 MAD
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